The tax road ahead, doing good in retirement, and life insurance as a charitable giving tool.
Greetings from the community foundation!
It is our honor to work with you to achieve your charitable giving goals. The team at the community foundation enjoys every minute of helping individuals, families, and businesses support the community causes that mean the most to you. If you’ve not yet established a fund at the community foundation but are considering doing so, we look forward to helping you explore the various options.
As your home for charitable giving, the community foundation keeps you informed of the latest developments in philanthropy. Notably, three topics are emerging as particularly important to you and other donors and fund holders:
–It can be daunting to wrap your head around all of the potential changes (or lack of changes) that may occur in the Federal tax laws as we emerge from election season and into a new administration. The community foundation is here as a sounding board to help evaluate the planning techniques that might be most useful as you build your charitable strategy, including tools like charitable lead trusts, “bunching” your donations, and using your IRA for charitable giving.
–As people approach retirement, they’re often wondering whether and how to get more involved in the community. The community foundation is happy to help you build a roadmap for your charitable giving, ranging from getting your family involved to deploying tax-savvy strategies. You might be amazed at how much “doing good” you can weave into your golden years!
–Life insurance is a popular and important financial planning tool. In some cases, life insurance can even be an excellent tool to support your charitable giving. The community foundation is happy to work with you and your advisors to explore how you might use your life insurance policies to further your philanthropic goals.
Thank you for the opportunity to work together! Wishing you all the best for the holidays.
With gratitude,
Angie Tatro,
CKCF CEO
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