Advisor

  • The “i’s” have it: Two key topics for client meetings

    Inflation, interest rates, income tax, and the IRS are ever-present topics during discussions with your clients. Right now, there’s a lot to talk about, especially related to charitable giving. Let’s look at two examples of hot topics that may take a front seat in your client conversations this fall as you are helping your clients consider their options for structuring charitable giving and philanthropic legacies in the current economic environment.

  • Highly-appreciated stock: If your client missed the ideal window, it’s still not too late to support charity

    During a routine check-in meeting, your client casually mentions that the client’s employer, a local company, was just acquired. The client and dozens of fellow employee shareholders are now flush with cash. “I’d like to use some of the money to give to charity,”…

  • Inherited IRAs: Big headache, or big opportunity?

    Until the law changed a few years ago, a client who was named as the beneficiary of a parent’s IRA, for example, could count on a relatively straightforward and tax-savvy method of withdrawals called the “stretch IRA.” With the passage of the SECURE Act, that changed for many clients who inherited an IRA after December 31, 2019.

  • Cryptocurrency: What if your clients own it and you don’t think they should?

    Most advisors exercise extra caution when advising clients about cryptocurrency. Indeed, 68% of investment fund executives surveyed do not believe it is a good idea for their clients to own cryptocurrency in the first place. Still, according to some sources, 43% of clients hold cryptocurrency in their portfolios.

  • Summer legislative updates–and looking ahead to sunsets

    Reconciliation legislation is back in play, and while it includes a few tax provisions (e.g., adding a corporate minimum tax and eliminating the carried interest tax break), the proposed legislation is far less sweeping than reforms proposed in earlier versions.

  • Farms, tax planning, and funding a family legacy

    A gift of farmland to a fund at YouthBridge doesn’t just provide tax benefits. The gift also helps your client overcome the emotional challenges associated with letting go of an asset that in many cases has been in the family for generations.

  • Back to basics: Reminding clients about wills, trusts, and charitable bequests

    August is national Make a Will Month, and the publicity surrounding this designation may prompt your clients to ask you about whether their affairs are in good order.

  • QCD enhancements: Steps forward and fingers crossed 

    In legislative news, a recent flurry of activity in the Senate has inched forward the legislation known as SECURE 2.0. Philanthropists and their advisors are watching this legislation closely because of the proposed inclusion of provisions that would adjust the annual $100,000 Qualified Charitable Distribution (“QCD”) cap for inflation and allow a one-time, $50,000 QCD to a charitable remainder trust or other split-interest gift.

  • Bunching, long-term appreciated assets, and the fruits of helping younger clients plan their charitable giving

    Developing a thorough estate plan isn’t important only for Baby Boomers and Gen Xers. Millennials, who now make up nearly a quarter of the population in the United States, may prove to be more enthusiastic planners than their parents and grandparents, according to the 2022 … More →

  • YouthBridge edge: Personal knowledge, QCD eligibility, and public support  

    Advisors frequently comment that they’re surprised to discover the many ways YouthBridge Community Foundation can help their clients, especially compared with national donor-advised fund programs affiliated with brokerage houses or financial services firms.

  • September 8, 2022

    Estate Planning Council Happy Hour

    Peel Wood Fired Pizza
    208 S. Meramec Clayton MO 63105 Learn more
  • Playbook: Helping clients organize their giving through a donor-advised fund

    A simple playbook to guide you through a client conversation to begin establishing a charitable giving plan using a donor-advised fund YouthBridge Community Foundation.

  • Finding the good, giving as a wealth strategy, and an open invitation

    It can be hard to see the good in people as heartbreaking exceptions seem to dominate modern life, but it is worth remembering that philanthropy–”love of humanity”–is alive and well. A study at Stanford University indicates that a sense of community and calls to action help align people around common values.

  • Social consciousness: Today’s expectations of advisors

    Especially over the last few years as social consciousness has increased, many of your clients have no doubt become more interested in how they can make a difference through their philanthropic activities, whether those activities include giving to favorite charities, volunteering, serving on boards of directors, purchasing products that support a cause, and respecting a sustainable environment.

  • Income timing: A NIMCRUT could hold the key

    Clients who own closely-held businesses, real estate, or even cryptocurrency may be good candidates for a particular type of charitable remainder trust known as a NIMCRUT, which is short for “Net Income with Makeup Charitable Remainder Unitrust.”

  • QCDs: Good news and important reminders

    Qualified Charitable Distributions, or “QCDs,” have been in the news a lot lately, especially in light of proposed SECURE Act 2.0 legislation that passed the House of Representatives in March and is now pending in the Senate.

  • Cash crunch: Gifting non-income producing assets

    For clients who own property, stocks, and other assets that tend to go up in value in an inflationary environment, now may be a good time to take advantage of tax-savvy giving of highly-appreciated assets–especially stocks that pay low–or no–dividends and therefore are not critical to maintaining a client’s income levels.

  • A mixed bag: Budget legislation

    A few of the tax proposals in play that could most significantly impact the way your clients plan for their charitable giving priorities.

  • Thumbs up: SECURE Act 2.0

    Across the board, individuals, employers, and charitable organizations are celebrating the recent passage of the Securing a Strong Retirement Act of 2022 (House Bill 2954, known as the “SECURE Act 2.0”) in the House of Representatives on March 29, 2022 by an overwhelming vote of 414 to 5.

  • Current Events and Client Cultural Values

    We are living in a world where current events continue to present challenges for so many people. No doubt, your clients are relying on you more than ever to help them weather the storms of inflation, financial markets impacted by global unrest, and the looming potential of changes to tax laws.