By Kathy Sperlak, Executive Vice President The Tax Cuts and Jobs Act of 2017 doubled the standard deduction, which will mean fewer taxpayers will be itemizing their deductions for 2018. Many experts believe this will have a significant impact on charitable giving this year. In addition to the options mentioned in other articles in this …Read More

By Robert F. Sharpe, Jr., Chief Consultant As the dust settles and the many implications of the Tax Cuts and Jobs Act of 2017 (the Act) on income and estate tax planning become increasingly clear, a number of new and different uses for familiar charitable planning tools are beginning to emerge. Take charitable lead trusts …Read More

This July, we undertook a poll to see how respondents were doing through the first half of the year. Slightly more than half (51%) of the respondents reported an increase in current charitable gifts through the end of June, while the remainder of respondents indicated their gifts were flat (29%) or down (20%). Given the …Read More

There are many reasons people make charitable gifts. Tax considerations are not among the most cited. By most accounts, 2017 was a record year for charitable giving (see “Trends in Giving: New Reports on U.S. Philanthropy” in the July 2018 Give & Take). However, a number of well-researched studies are predicting that overall charitable giving …Read More