Recent IRS actions illuminating charitable tax planning pitfalls
It requires a keen eye to spot unintended negative consequences of a well-meaning client’s charitable giving strategies! This fall, we suggest you take note of three cautionary tales…
Pending legislation that could impact charitable giving strategies
Even with a government shutdown averted (at least for now), there are still plenty of legislative loose ends that we’ll help you keep an eye on. Changes could directly or indirectly impact your clients’ overall charitable and estate plans.
Trends that inform what your clients are thinking even if they aren’t saying it
Hot off the press, the 2021 Bank of America Study of Philanthropy: Charitable Giving by Affluent Households confirms that wealthy families are as committed as ever to the nonprofit sector and community causes.
Proposed legislation: What’s in it for giving?
The nonpartisan Joint Committee on Taxation’s report issued recently is already creating a buzz among attorneys, accountants, and financial advisors who provide charitable planning advice to their clients. Here are four considerations as you navigate the weeks ahead and prepare for the possibility that the … More →
These three factors are a big deal in gifts of S Corp stock to charity
S Corporation, or limited liability company? That’s a question many family businesses grapple with in their formative stages.
Five pointers for gifts of life insurance to charities
“Incidents of ownership” are three powerful words in estate planning where life insurance is concerned.
Advisors’ fiduciary obligations can get personal
With charitable bequests on the rise, and the possibility that more clients will be subject to Federal estate taxes in the future, many attorneys, accountants, and financial advisors are refreshing their recollections on the requirements of advising and administering taxable estates where one or more charitable organizations are a beneficiary.
“Insider giving” and seats at the table: A team approach is essential to crafting an effective philanthropy plan
As corporate valuations soar, you may be getting more frequent questions from executives at publicly-traded companies about the tax benefits of transactions involving highly-appreciated stock. Proper planning is critical to optimize the tax aspects of a transaction, but no advisor should go it alone.
Outside the box: Legacy combinations you might overlook
As you’re developing estate plans for your charitable clients, remember that YouthBridge Community Foundation is happy to help structure a hybrid gift in which a personal component is paired with a charitable component.
Donor privacy: Ongoing concern for a common client priority
In an era of social media and intense polarization of rhetoric, it’s no wonder so many charitable individuals and families choose to give to their favorite causes anonymously. And, bolstered by the Supreme Court’s decision last month in favor of donor privacy this trend is likely to continue.
An eye on the law: Recent updates and rulings
Our team at YouthBridge Community Foundation stays on top of tax cases, IRS rulings, and legislation that could impact the advice and counsel you provide your clients on matters involving charitable giving. Here are a few current highlights and reminders we recommend you skim. Electronic … More →
Planned giving starts now: Tips and talking points for lifetime charitable gifts
According to 2020 statistics released in June 2021 as part of the Giving USA report, Americans’ bequests to charity totaled nearly $42 billion last year.
Case study: How to spot a prime CRT opportunity
Imagine that a client sits down at your conference room table and begins the meeting something like this: “I’ve got a prime tract of land I bought for $200,000 just 10 years ago, and now I am sure I could sell it for $2 million because the market is so hot…
IRAs, field-of-interest funds, and designated funds: Don’t overlook these powerful tools
Designated funds and field-of-interest funds may not always be top of mind when you are developing philanthropy plans for your clients and their families, but they are extremely valuable tools in certain circumstances.
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Estate Plan Organizer
The Estate Plan Organizer helps you keep track of important documents, financial accounts, contacts and other information that your lawyer, executor or family will need as part of your estate administration.
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How to open a DAF for your client
A step-by-step guide to opening a donor-advised fund with us and retaining management of those assets on your platform.
Tax tips: Qualified appraisals, 2020 tax changes, and holiday parties (not)
Last but not least, here are three of our favorite tax tips for March.
Unlocking the power of clients’ real estate: Why the bargain sale is a must-have in your charitable planning toolkit
Whether a nonprofit’s mission calls for office space, warehouse facilities, or something in between, most charitable enterprises need a physical location to serve their constituents.
Advisor Guidelines
YouthBridge Community Foundation takes seriously its stewardship responsibility as a manager of many different kinds of donor funds.
Beyond the tax deductions: Selecting a vehicle to celebrate and support a family’s culture of philanthropy
For many donors, the importance of a multi-generational family philanthropy plan is high on the radar, especially in the wake of 2020’s eye-opening events.