Stories: Advisor Stories

COVID-19 has significantly impacted nonprofit operations across the country and hampered nonprofits’ ability to help their communities during a crisis in which millions of people are in need. The National Council of Nonprofits reports widespread damage to...

A wild ride in 2020 ended with the extension of several tax provisions to encourage charitable giving in the midst of ongoing pandemic-related challenges facing nonprofits. As your clients evaluate their approach for 2021, now is a great time to address their...

Required minimum distributions (RMDs) are back: Temporarily waived in 2020 under the CARES Act, these mandatory IRA distributions will once again need to be completed by year's end. Retirees who did not take their RMD in 2020 may also find they need to take...

The housing market is showing no signs of slowing down in 2021. For certain clients, this presents a strong opportunity for charitable gifts of real estate, whether it's a primary residence, second home, rental property, or even a niche commercial property...

By: James J. Lanham, OSBA Certified Specialist in Estate Planning, Trust and Probate Law and Roger D. Proper Jr., LL.M. (Tax), OSBA Certified Specialist in Estate Planning, Trust and Probate Law | Critchfield, Critchfield & Johnston, Ltd. 1 The age-old...

With GivingTuesday right around the corner, many of your clients are likely to make an "in the moment" decision to give to a charity. That’s terrific, and you’ll be doing them a big favor if you offer a gentle reminder that, unfortunately, there are a few...

The significant community needs arising from the events of 2020, coupled with recent tax law changes, make it even more important to help your clients plan their charitable giving strategies. For the last couple of years, your clients likely have been hearing...

Before your clients ring in the new year, make sure they have maximized their charitable giving for 2020. Gifts made to a charitable fund by Dec. 31 will earn them a tax deduction for the current year while supporting the causes they love for many years to...

According to the recently released 2020 Porter Novelli Executive Purpose Study, more than 80% of large company executives believe for-profit companies have a responsibility to play a role in resolving social issues. The study also found that most executives...

As 2020 marches on with little relief in sight from the crises affecting our region, more and more attorneys, accountants and financial advisors are fielding questions from well-intentioned clients who are exploring starting their own nonprofits to help...