New tax rules are changing charitable deductions — here’s how to make the most of them As part of the provisions in President Donald Trump’s tax and spending package, passed last year, everyday donors may see tax gains, while those who itemize, especially high earners, face stricter … [Read more...] about James Provenza interviewed by Chicago Sun Times Regarding new Tax Rules
Tips for Last Minute Charitable Giving
As we approach the year’s end, you still have two weeks to give to your favorite charity. Remember, however, that any charitable gifts you wish to make must be received by the charity before the end of the year. Here are important items to keep in mind with two weeks left: First, set up a … [Read more...] about Tips for Last Minute Charitable Giving
How a Grantor Retained Annuity Trust Reduces Gift Taxes
A Grantor Retained Annuity Trust, better known as a GRAT, is an estate planning tool that can successfully reduce gift taxes when transferring assets to your future generations. A GRAT removes assets from your estate, potentially lowering gift and estate tax liabilities while allowing beneficiaries … [Read more...] about How a Grantor Retained Annuity Trust Reduces Gift Taxes
Protecting Your Online Life in Your Estate Plan in Chicago
Your online life is a treasure trove of memories, information, and even financial assets. Without proper planning, these assets could be lost forever or fall into the wrong hands. As a result, it is becoming increasingly important to protect not only your physical assets but also your online life in … [Read more...] about Protecting Your Online Life in Your Estate Plan in Chicago
Wishing You a Merry Christmas and Happy Holiday Season
We wish all of you a Merry Christmas and a Happy Holiday season. … [Read more...] about Wishing You a Merry Christmas and Happy Holiday Season
