Don’t make a charitable gift simply to get a tax deduction; make a charitable gift because it aligns with your goals.
In this episode, Dave Nienaber, MBA, CPA, CFP®, CEPA, and Joe Patterson CFP®, discuss two primary ways of transferring your wealth: charitable and family gifting. They also share what you should consider when giving based on your unique circumstances and goals; and that may not be what your friends are doing!
Dave and Joe share more about:
What to consider before gifting to charities or family
Why you should start with your goals, not tactics for your giving
Donor advised funds and other tools to support your charitable efforts
Many people’s instinct is to sell when the market takes a hit, but making those decisions based on emotion seldom has the best outcome.
In this episode, Ryan English, MBA, CFA, CPA, CFP®, shares his insight on the importance of understanding and the questionnaire Foster & Motley uses to help determine their client’s risk tolerance. He explains how the risk tolerance questionnaire informs decisions about the client’s portfolio and investment policy statement.
Ryan shares more about:
What a risk tolerance questionnaire is
The importance of understanding your risk tolerance
Estate tax doesn’t necessarily affect everyone, but for those it does impact, it can be a big deal. Also, the laws around it have changed several times, and are expected to again soon.
In this episode, Tony Luckhardt, MBA, CFP®, CRPC®, and Emily Diaz, CPA, CFP®, share about the history of estate taxes. They also provide insight on how people can plan ahead for gifting to loved ones which can help to minimize your estate tax bill.
Tony and Emily share more about:
What the difference is between an estate tax and an estate plan
Who needs to be concerned about estate taxes and why