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Updates and insights from the TFEC team about our community initiatives, community projects, and other useful information for donors, nonprofits, or your clients.
Fulfilling clients’ charitable wishes
Chances are, you’ve already begun to notice that a major transfer of wealth is happening as your Baby Boomer clients establish financial and estate plans to pass their wealth to their Gen X and Millennial children. The dollars involved are eye-popping. Most attorneys,...
Estate tax planning: What’s your next move?
As attorneys, CPAs and financial advisors, you’re very aware of potentially significant upcoming changes to the tax laws that could impact your clients. Whether or not a post-election Congress takes action to prevent the estate tax exemption sunset at the end of 2025,...
Navigating Multiple Charitable Strategies for Ultra High-Net-Worth Families
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...
Looking Ahead: Charitable Planning Techniques on the Horizon
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....
Will a Charitable Remainder Trust Help Secure Your Legacy?
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...
Planning for a Sunset: Lock in Higher Exemption, Unlock a Legacy
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...
Legal Developments: We’re Watching!
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...
Need-to-know updates on the proposed donor-advised fund regulations
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,...
Charitable Planning for Wealthy Clients: In the Spotlight
As you read up on techniques to structure philanthropy plans for your high-net worth clients, we recommend reviewing the potential impact of the estate tax exemption sunset, as well as making sure you’re one of just half of advisors (!) who are truly helping their...
“Shell Funds” and Other Handy Tools for Charitable Clients Who are Planning Ahead
Getting a jump on a future “to-do” list is always such a good feeling. The Foundation for Enhancing Communities (TFEC) can proactively help you with your clients’ long-term charitable giving plans by putting in place the structures to receive bequests decades from...
