The Street: “Individuals looking for a simple and effective way to reduce their future taxable estate should consider the annual gift exclusion.
What is the annual gift exclusion and how does it work?
Every U.S. citizen is allowed to give anyone $13,000 (2012 level) a year without incurring either [...]
Summit Daily: “When it comes to charitable contributions, cash isn’t necessarily king. The familiar three-legged stool metaphor as applied to philanthropy planning might include: 1) How much shall we plan to give? 2) Which causes will we support? and 3) What kinds of property shall we use to fund our contributions?
Financial Planning.com: When planners help clients manage their wealth, it is important to help them recognize the deep emotional sources of philanthropy. Hundreds of interviews over the years with philanthropists have led me to the notion of empathy and identifying with others as the key motives behind giving. Ask donors about an important [...]
IRS.gov: Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years. Some of these changes include the following:
Special Charitable Contributions for Certain IRA Owners
This provision, currently scheduled to expire at the end of 2011, [...]
The Local: Swedish industrialist and scholar Alfred Nobel (1833-1896), who made a substantial fortune from his invention of dynamite in 1866, established the Nobel Prizes in his will.
His 1895 testament stipulated his fortune was to be placed in a fund destined to honour “those who, during the preceding year, shall [...]