According to figures released by the Federal Reserve last month, household wealth rose to the highest levels seen since the Great Recession began in 2007. Household wealth in the fourth quarter of 2011 reached $58.5 trillion, exceeding the pre-recession high of $57.7 trillion in the fourth quarter of 2007. The 2011 figure was the highest …Read More
In the second installment of this six-part series, Sharpe Consultant Aviva Shiff Boedecker follows up on last month’s article about what to do first after a donor passes away. Information in this article will help you understand the intentions of those thinking about memorial gifts, advise them about which activities are appropriate and which are …Read More
Internet use by people over 65 is growing very slightly, but it continues to lag far behind use by all other age groups. Many in this demographic have made it thus far without becoming familiar with computers or other technologies and see no reason to start now. Those who have had some experience with computers …Read More
The Internal Revenue Service’s Winter 2012 Statistics of Income Bulletin includes a wealth of information on the current status of charitable trusts in America. An article entitled “Split-Interest Trusts, Filing Year 2010” examines actual informational returns submitted to the IRS. The more than 100,000 returns provide a snapshot of how charitable remainder trusts, lead trusts …Read More