Help Your Clients Make an Impact in 2019

YEAR-END GIFT PLANNING

Helping Your Clients Make an Impact in 2019!

Thanks to a matching opportunity from Lilly Endowment Inc., the Community Foundation of Southern Indiana is offering a match for all qualifying contributions made to endowment funds between now and December 31, 2020, or as soon as the allocated matching funds are exhausted. Your clients will receive a $2 match for every $1 contributed when they make a gift to the Foundation’s unrestricted Community Impact Fund.

For more information that will help your clients make an impact this year-end, including information on timing, gifts by check, stocks, and Qualified Charitable Distributions, please visit our website or download and print the Year End Giving Tips flyer for your clients.

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ADVISOR CORNER

Helpful Tips from the Southern Indiana Estate Planing Council  

Surprise! Your Buy-Sell Agreement Could Result in Denial of a Marital Tax Deduction When a Business Owner Dies.

By: Greg Condra, Condra Law Firm, PLLC

It’s critical that business owners leaving a large estate behind devise a plan. Beyond the typical estate planning documents, a well-crafted Buy-Sell Agreement is an excellent place to begin.

If your business has, or anticipates having, multiple owners, then a Buy-Sell Agreement is essential to protect you. It can take the form of a standalone Buy-Sell Agreement, a Shareholders’ Agreement, or detailed provisions within a limited liability company’s Operating Agreement or a partnership’s Partnership Agreement. Chances are you are fine being in business with your partner(s), but you would rather… continue reading the article…  

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GIFT PLANNING TIPS

Valuable Resources for You and Your Clients

Appraisals a Vital Part of Substantiating Noncash Gifts

Obtaining an appraisal for a gift to charity might seem like a nuisance, but clients who fail to follow the requirements could find their deductions denied or severely reduced . . . more

Stock Gifts with Dividends

Donors are often advised to make their charitable gifts using shares of long-term appreciated stock, rather than cash . . . more

Gift Opportunities for Closely Held Corporations

Clients who own closely held corporations have the option of making gifts from their personal assets or having their businesses make the gifts . . . more

Content courtesy of R&R Newkirk.