An RMD (required minimum distribution) is a mandatory withdrawal an IRA owner who is 73 or older must take. The RMD amount is based on the market value of the IRA account on the last day of the previous year. Because of the stock market high on 12.31.23 combined with further increases in the financial …Read More
When we were in our 30s with two young children, my husband and I decided it was time to make a will. Our decision was based primarily on the fact that we thought it was vital to document guardianship of our sons in case we both died unexpectedly. During our first meeting with an estate …Read More
I am often asked, “What is the secret to planned giving success?” My answer is always this (and it’s not a secret): “Targeted and consistent print communications.” Fundraisers have never been—nor will they ever be—able to control their donor’s timing. Globally, we can stay abreast of economic and social changes—tax laws, stock market rallies and …Read More