Right about now young couples across the region are trying to figure out what to do with all the gift money their kids received. Many simply stick it into bonds and savings accounts, but there is a tax-advantaged way to hold on to more of that money — if you… Continue Reading..
A particularly useful philanthropic instrument is the Donor-Advised Fund (DAF). A DAF is a philanthropic vehicle that allows donors to make charitable contributions and receive immediate tax benefits - as opposed going through all the aggravation and expense of having a family foundation. According to Wikipedia: To participate in a donor-advised… Continue Reading..