Stories: Advisor Stories

In the weeks since the collapse of Silicon Valley Bank, many philanthropic clients may be looking to their advisors for advice on how the recent events in the banking world could impact their approach this year to charitable giving. We're sharing three...

Despite recent reports of a 55% decline in charitable giving by the top 50 U.S. donors in 2022, high profile giving by donors associated with well-known businesses has maintained its place in the limelight, even amid recent market volatility and tenacious...

No doubt, your news feed includes far more articles about philanthropy as a planning tool for your clients than it did just a few years ago. Charitable giving has always been an important subject of client discussions for attorneys, accountants and financial...

By Jesse W. Hurst, CFP®, AIF®, Financial Advisor and CEO of Impel Wealth Management and Lewis E. Bennett III (Trey), Partner, Stark & Knoll Co. L.P.A. In high school, many of us were asked to solve a word problem that went something like this: Two...

Energy incentive extends to nonprofit organizations Nonprofits and other exempt entities are often left out of discussions when new tax incentives are proposed in Congress, primarily (and logically) because these organizations don't pay tax. Fortunately,...

To alleviate the tax burden of required minimum distributions from IRAs, many advisors are recommending their clients use their RMDs to make qualified charitable distributions (QCDs) to their favorite charities. These tax-free distributions are a financially...

The beginning of the year is a good time to start helping your clients plan for their annual giving. With the year-end flurry of donations still fresh in many clients' minds, you may discover that clients will welcome your suggestion to make 2023 the year to...

Charitable gift annuities (CGAs) are becoming more attractive to philanthropists, making this planned giving vehicle a good fit for your clients who like the idea of an upfront tax deduction, a steady lifetime income stream, and a remainder gift to charity....

New legislation offers 'Legacy IRA' provisions and a boost for QCDs Congress passed the much-anticipated, $1.65 trillion-dollar omnibus spending bill known as the Consolidated Appropriations Act of 2023 on Dec. 23, 2022, followed by President Biden signing...

Don't be surprised if your clients are walking into your office in a state of bewilderment over something they've read recently about the IRS's distribution rules for inherited IRAs.  What's the back story? Until the law changed a few years ago, a client...