Oct 30, 2016
By Robert Karon
7 Tips on Achieving Zero-Tax Estate Planning Through Charitable Giving
Philanthropy has its advantages
How charitable should I be? What will my legacy be? What values can I teach my children and grandchildren? What do I have passion for? These are some of the questions clients start asking themselves in the autumn of their lives.
Estate planning is an intimate yet challenging process. Deciding who to entrust and bequeath your legacy to is among the largest decisions our clients will face in their lives.
Many times clients feel that they've given enough to their children, or that even if they wanted to donate to charity, they don't know the intricacies involved. Regardless of the end result, clients always want to eliminate taxes from the picture and spend their savings as they choose, not as the government does.
Robert Karon is a managing director at CBIZ MHM.
Click here to read the full article.