Understanding the New World of Charitable Deductions
Check charity eligibility before donating.
Understand deduction changes: the document highlights new limits and potential benefits from bundling donations.
Meet the December 31 deadline and keep receipts.
Document noncash gifts carefully; special rules apply to vehicles, investments, and IRA donations.
Estate Planning: Protect More of What You Leave Behind
Estate planning matters at every wealth level: It helps protect loved ones and reduce unnecessary costs, taxes, and delays.
Plan for incapacity: Designate trusted people to manage finances and health care, and document your wishes.
Keep inheritance arrangements current: Review home ownership, wills, trusts, and beneficiaries so assets pass as intended.
Stay organized: Keep asset records accessible and address estate debts, tax filings, and deadlines promptly.