Estate Planning

Inheritance tax, also known as estate tax, is a tax levied on the value of assets passed down from a deceased person (the decedent) to their beneficiaries.

Donating appreciated assets, such as stocks or real estate, to qualified charities can offer significant tax advantages for seniors, allowing them to reduce their tax burden while supporting causes they care about.

Charitable remainder trusts (CRTs) are powerful estate planning tools that allow seniors to support their favorite charities while receiving income for themselves or their beneficiaries during their lifetime, offering significant tax benefits and financial security.

Donor advised funds (DAFs) are charitable giving vehicles that allow individuals to make a donation to a public charity and then recommend grants from the fund to other charities over time, offering tax advantages, flexibility, and estate planning benefits for seniors.

The Great Wealth Transfer is a significant economic phenomenon, representing the largest intergenerational transfer of wealth in history.