Generosity & Legacy: Navigating Charitable and Estate Giving
Justin Hearty
Imagine your giving going beyond a simple donation, becoming a positive force of change. It’s time to explore your options and start your journey toward making a difference that resonates for generations to come.
Gifts That Keep Giving: Lifetime Annual Gifting & Lifetime Estate Exclusion Limits
Estate planning is an important aspect of securing your family’s financial future and ensuring that your assets are distributed according to your wishes. Two key components of estate planning are the federal lifetime estate exemption and yearly gifting limits. While these figures may change over time, it’s important to stay informed. As they say, failing to plan is planning to fail! Below are the topics we will discuss in this article:
- Federal lifetime exemption
- Yearly gifting limits
- Taxable vs non-taxable gifts
- Why estate planning matters
Cultivating the Art of Giving: 9 Strategies to Make a Difference
In the realm of financial planning, two aspects often intersect: charity and estate planning. For many people, optimizing their financial affairs to support charitable causes and efficiently manage their estates is a priority. This article explores the following giving strategies to ensure your charitable and estate planning goals are met:
- Direct Cash Donations
- Donor-Advised Funds (DAFs)
- Qualified Charitable Distributions (QCDs)
- Charitable Remainder Trusts (CRTs)
- Endowment Funds
- Corporate Matching Gifts
- Estate Planning with Charitable Bequests
- Volunteering Time
About Strategic
Founded in 1979, Strategic is a leading investment and wealth management firm managing and advising on client assets of over $1.8 billion.
OverviewDisclosures
Strategic Financial Services, Inc. is a SEC-registered investment advisor. The term “registered” does not imply a certain level of skill or training. “Registered” means the company has filed the necessary documentation to maintain registration as an investment advisor with the Securities and Exchange Commission.
The information contained on this site is for informational purposes and should not be considered investment advice or a recommendation of any particular security, strategy or investment product. Every client situation is different. Strategic manages customized portfolios that seek to properly reflect the particular risk and return objectives of each individual client. The discussion of any investments is for illustrative purposes only and there is no assurance that the adviser will make any investments with the same or similar characteristics as any investments presented. The investments identified and described do not represent all of the investments purchased or sold for client accounts. Any representative investments discussed were selected based on a number of factors including recent company news or earnings release. The reader should not assume that an investment identified was or will be profitable. All investments contain risk and may lose value. There is no assurance that any investments identified will remain in client accounts at the time you receive this document.
Some of the material presented is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Strategic Financial Services believes that such statements, information, and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information and opinions.
No content on this website is intended to provide tax or legal advice. You are advised to seek advice on these matters from separately retained professionals.
All index returns, unless otherwise noted, are presented as price returns and have been obtained from Bloomberg. Indices are unmanaged and cannot be purchased directly by investors.