Watch out for compliance pitfalls as clients favor gifts of hard-to-value assets
If volatile market conditions persist, gifts of hard-to-value assets may become popular substitutes for appreciated stock gifts.
Charitable planning is a must prior to sale of a business
Before your business-owner client starts putting out feelers to potential acquirers, be sure to counsel your client about the benefits of contributing an ownership interest to a charitable organization, especially to a flexible donor-advised fund at the community foundation.
So long, stretch IRA
Among the changes enacted by the SECURE Act, which became law on December 20, 2019, is a provision eliminating the so-called stretch IRA.
Special opportunity for a higher charitable deduction
Don’t miss out on the opportunity to inform your clients about a special provision in the Taxpayer Certainty and Disaster Tax Relief Act.
Philanthropy in the News
#GivingTuesday continues to grow in popularity. 2019 marked the eighth annual event, raising an estimated $511 million online.
Tax Savvy
As you counsel your nonprofit organization clients and individual clients who are board members of charities, it is important to stay on top of changes in the tax laws that pertain to exempt organizations.
Bridging the Gap Between Donor and Nonprofits
YouthBridge Community Foundation featured in the December issue of Chesterfield Lifestyle Magazine. Download Article
Greater St. Louis Financial Symposium 2019
YouthBridge was a proud sponsor of the Greater St. Louis Financial Symposium on April 25, 2019. The conference brought together a quality mix of financial professionals who shared “too many good ideas to list”.
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Tax Tip: Maximize Deductions with “Bunching”
If your annual giving is typically less than the standard deduction set out in last year’s Tax Cuts and Jobs Act, consider “bunching” the amount you would give over two years into one larger gift this year and make that gift to a donor-advised fund.
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Business Succession & Exit Planning
You own your own business — wonderful! But what will happen when it’s time to retire? Do you plan to sell? Hope your children will carry on the family business?
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Charitable Conversations in Estate Planning
When planning financial affairs, most people are primarily interested in how they can improve their quality of life. They want to be able to live comfortably, to take care of their family, and to “make a difference.”