Gifts to charity are a common feature of estate planning for the wealthy. Although there are myriad advantages to making lifetime gifts, many clients prefer to retain the full use of their assets during life and, therefore, postpone some or all of...
In tax terms, a bargain sale is a sale to a charity for less than the fair market value (FMV) of the item being sold. These sales can be a real win-win: the charity acquires something it needs, but otherwise couldn't afford, and the donor/seller...
Contributions to Fidelity Charitable, the custodian and discount brokerage’s donor advised fund, hit a record of nearly $2.9 billion last year, the fund says. And the influence of financial advisors in managing their clients’ money appears to be...
As we embark on charitable gift planning for 2012, a look back at the events affecting philanthropy in 2011 can be helpful. At first glance, the events of 2011 may portend another year of uncertainty. But, when it comes to estate and financial...
Corporate executives who amass large amounts of company stock face some unique wealth-transfer challenges and opportunities. Large holdings of a single stock are inherently risky because stock is a volatile asset class that can lose all its value...
