Critter Corner: Making Seniors Wishes Come True and Planning for Charitable Giving 

Dear Hayek, Every year, I give to the Make-A-Wish Foundation, to help make dreams come true for children with critical illnesses. I heard there was a similar group for seniors and those in elder care facilities. What do you know … [Read more...]

Critter Corner: What Are Some Ways to Incorporate Charitable Giving into Your Estate Plan?

Dear Hayek,I want to include charitable giving in my estate plan, since I have some causes that I am passionate about and heard it is a good way to reduce taxes. What are some ways that I can do so?Thanks for your … [Read more...]

Maximize Your Impact with Your 2021 Charitable Giving

Q. My dad and I enjoy running races. In the coming weeks, there aren’t any races coming up for the causes we care most about, so we were hoping to go on our own and donate to them ourselves. Are there any rules we should know … [Read more...]

Critter Corner: FTC Urges Research Before Charitable Donations

Dear Hayek,I am thinking about giving charitable donations this month. I want to make sure that the charities I am choosing are legitimate and that most of the money I give goes to those in need. I also want to make sure I’m … [Read more...]

Critter Corner: Charitable Giving During the 2020 Tax Season

Dear Ernie and Jannette,We want to support our favorite local charities and small businesses as much as we can while they are reviving themselves from all the changes in their business environments. We would like to give now, … [Read more...]

Critter Corner: Gift Tax Limit for 2019

Dear Magic, Our daughter is getting married, and she and her fiancé are buying a home. She asked if my wife and I could contribute what we would pay for a wedding ($30,000) towards a home instead, since she only wants a simple … [Read more...]

Is the Charitable Tax Deduction Gone for 2018?

Q. I give to charities every year during the holiday season. However, I’m concerned about the ramifications of doing so this year with the new tax law. Can I give as I usually do and take tax deductions, or is there something … [Read more...]

Gifting and the 2018 Gift and Estate Tax Exclusion Numbers

Q. Our daughter got married a few months ago and she and her husband found the perfect starter home in Springfield. The owners accepted their offer and my daughter and her husband asked me for $20,000 to help with the down … [Read more...]

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