Stories: Advisor Stories

No matter how frequently you remind clients to pause before they automatically reach for the checkbook to make their charitable gifts, many clients still give cash! As an attorney, accountant or financial advisor, you are well aware that giving long-term...

By Jesse W. Hurst, CFP®, AIF®, Senior Wealth Manager and CEO at Impel Wealth Management, and Julie E. Firestone, Principal at Singerman, Mills, Desberg & Kauntz Co., L.P.A. Thirty years ago, in the pre-First Energy days, Ohio Edison hired my (Jesse...

Just as each of your clients has a unique estate plan and financial plan to meet the client's particular situation and goals, each of your philanthropic clients needs a unique charitable giving plan. For example, for some clients, giving shares of highly...

Your charitably minded clients certainly have no shortage of options for their philanthropic dollars. Many clients use their donor-advised funds, for example, at the community foundation to support favorite charities across the country, including alma maters,...

As an advisor, you often talk with your clients about life insurance – how much is enough and which policies are best suited for a client's particular situation. As you counsel your clients about risk management and the role of life insurance in their...

Tax time has its silver linings! Reviewing a tax return with a client can lead to a productive conversation about ways to plan gifts to charity more effectively. As you scan 2023's charitable contributions, talk with your client about whether those charitable...

By: Robert W. MalonePartner at Buckingham, Doolittle & Burroughs A planning technique that is known to most tax professionals is for an owner of a private company to gift an interest therein to charity prior to a sale. This technique is only of...

The year is in full swing. Attorneys, accountants, and financial advisors are asking clients to start gathering tax documents and related paperwork for 2023 tax returns and 2024 planning. Now is a good time for advisors to review a few basic tax principles...

If you're not talking about charitable giving with your high-net-worth clients, 2024 is the year to start doing it! Recent studies show that 85.1% of affluent households give to charity. Certainly many of your clients are among them.  Take a few minutes...

Regardless of your business or industry, retaining your clients or customers is a key to success. And as the saying goes, it's easier and less costly to retain or get more work from a current client than it is to find a new client.  As an attorney,...