Charitable giving is always an important strategy to discuss with your clients. Many high-net-worth individuals are philanthropic, of course, and charitable gifts reduce taxable income and avoid estate taxes. Charitable giving strategies are particularly relevant as...
The Foundation for Enhancing Communities (TFEC) team keeps a finger on the pulse of current events and legal developments that could impact the way you work with your charitable clients. Below are three notable items that you’ll likely want to keep in mind this fall....
A charitable remainder trust (CRT) allows you to pursue your philanthropic goals while generating income. It is a type of trust that allows you to donate assets to charity while also drawing annual income from it for yourself or a beneficiary. The Foundation for...
Without legislation to prevent it, the sunsetting of current estate tax laws at the end of 2025 will dramatically reduce the federal estate tax exemption from $13.61 million per person in 2024 to approximately $7 million in 2026 (this includes adjustments for...
As your go-to resource for charitable giving techniques, the team at The Foundation for Enhancing Communities (TFEC) pays close attention to the best practices in addressing the broad range of your clients’ charitable intentions to support both near-term and long-term...
The Foundation for Enhancing Communities (TFEC) is committed to providing timely updates on legal and policy developments to help you and other professionals who advise philanthropic clients to stay on top of best practices in charitable planning. In that spirit,...
