Stories: Advisor Stories

As attorneys, CPAs and financial advisors, you are well aware that you have clients' attention when tax season rolls around. This makes it a great time to cover tax planning strategies for the current year and beyond. To help incorporate charitable giving...

With the advent of a new year and a new administration, what is going on that you need to know about to serve your charitable clients?  At the top of the list of issues we're watching is the Tax Cuts and Jobs Act (TCJA) of 2017. As a quick refresher, the...

Qualified Charitable Distributions, or "QCDs," are becoming a very popular financial and charitable planning tool. At the same time, QCDs are growing as the source of more and more confusion. Here are answers to the questions we've been asked most frequently...

Giving stock is an important strategy for any private business owner to explore. Not only can these gifts help implement a business succession plan that calls for transferring the business to the next generation if that is your client's goal, but gifts of...

By Kimberly Miller, WMCP®, Financial Advisor, Baird The SECURE Act passed in 2020, and there has been much confusion over the effects it would have on taking distributions from an Inherited IRA. The IRS has finally provided some answers. The SECURE Act...

Attorneys, CPAs and financial advisors certainly are not strangers to tough questions. Indeed, the mix of money, family and mortality is a potent combination that almost always creates an emotionally-charged planning environment, whether the matter at hand is...

Business owners who have enjoyed summertime's more relaxed energy can deservedly daydream about the "extended vacation" that comes with selling the business. While it all sounds good, business brokers will tell you that many business owners fail to optimize...

We're hearing from more and more attorneys, accountants and financial advisors that your clients are expressing interest in giving real estate to charity. You're certainly aware that gifts of real estate to a fund at the community foundation, just like gifts...

How much is too much? That's a question many parents ask as they structure lifetime gifts and bequests to children in their financial and estate plans. Wealthy clients are sometimes concerned that leaving millions of dollars, or even hundreds of thousands, to...

Over the years, you've no doubt experienced a wide range of what clients perceive as wealthy. You've likely also observed that clients have different assumptions about what it takes to be a "philanthropist." The interplay between a client's perception of...