Gary Sinise Foundation’s Post

Considering leaving a legacy to charity while also providing for loved ones and saving on taxes? A Charitable Remainder Trust (CRT) could be the solution you're looking for. Our latest article breaks down the workings of CRTs, including CRATs and CRUTs, and introduces a new qualified charitable distribution option. Learn more about this powerful estate planning tool: https://ow.ly/JrJv50RWoG1 #CharitableRemainderTrust #EstatePlanning #LegacyGiving #VasquezInsights

Review your gift and estate plans If philanthropy is important to you, now could be a good time to consider giving more. If you regularly give to charities and itemize your deductions on your income tax returns, consider putting several years’ worth of gifts into a donor-advised fund (DAF) for a single year

This month's blog covers leaving a legacy gift in your Will. As our Solicitor-Director Gina S. says, they're a vital source of income for charities at this time. Find out more here: https://lnkd.in/e9zDNCmy #LegacyPlanning #LegacyGiving #LegacyGifts

The IRS is taking steps to reform donor-advised funds, potentially impacting charitable giving. Proposed regulations include expanding the definition of donor advisors and imposing new penalties for abuse. The public hearing received mixed responses, with some expressing concern about the impact on charitable giving. #IRS #donoradvisedfunds #DAF #charitablegiving #donoradvisors #regulations https://brev.is/5sViX

A charitable gift annuity allows you to contribute to your favorite charity while securing tax benefits and a lifetime income stream. It can be especially appealing for retired individuals. Learn more https://hubs.ly/Q02t8c2L0

Are you a pensioner wondering if you can boost your charity donations through Gift Aid? Discover how pensioners can make the most of their contributions! Read more about maximising your impact. LINK: https://lnkd.in/dsyMGMmz #GiftAid #PensionersGiving #CharityBoost

Did you know ? The Do Not Call list doesn't actually block everyone from reaching out to you unsolicited. The FTC rules still allow calls about political campaigns, charities, debt collections and surveys to go through, even if you're on the registry. You can register for the National Do Not Call Registry online or by calling 1-888-382-1222 (TTY 1-866-290-4236) from the number you want to register. #TheMoreYouKnow #ScamLikely #SpamRisk

Did You Know: Charitable Contributions: For those who itemize deductions, cash contributions to public charities can be deducted up to 60% of AGI (adjusted gross income). #didyouknow #taxtips #taxseason #letushelp

"Of all the ways to give, the most regulated area of giving is to qualified charities. There are much long-established legal and ethical rules in place to protect the public’s interest, the charity’s interest, and that of the donor. Society has come a long, long way since these rules were created." https://buff.ly/4bhHN9Q #PlannedGiving #FinancialPlanning #LegacyPlanning

On National Nonprofit Day, consider these strategic philanthropy approaches for high-net-worth individuals: 🎯💼 1. Explore Donor-Advised Funds (DAFs). 📊 These vehicles offer immediate tax deductions on contributions while allowing you to distribute funds to charities over time. 2. Consider donating appreciated securities instead of cash. 📈 This strategy can help you avoid capital gains taxes while potentially allowing for a deduction of the full market value of the asset. 3. Investigate Qualified Charitable Distributions (QCDs) if you're 70½ or older. 🏦 QCDs from IRAs can satisfy Required Minimum Distributions while supporting causes you value, offering potential tax advantages.