If you are 70 ½ and older and are considering a year-end gift to BGCOR, consider this gifting strategy to unlock tax-wise benefits: Qualified Charitable Distributions (QCD), also known as a Charitable IRA Rollover. Most of us spend our lives caring for family, our community, and favorite charities, while also saving for retirement. While you …
Gifting real estate to charity has multiple benefits for the donor and there are several options a donor could consider. Generally, a gift of real estate could be either a principal residence, vacation home, a farm, a commercial building, a subdivision lot, or even unimproved land. The benefits of gifting real estate: Receive an income …
For many people, the new year is the perfect time for resolutions. Although common resolutions include losing weight or saving money, choosing to have your will drafted or updated is another great resolution! Here are a few things to consider: 1. Analyze your financial situation Make a comprehensive list of your assets and debts, so …
