Blog

100% Estate Tax Elimination with a Testamentary Charitable Lead Trust or Charitable Remainder Trust

October 15th, 2012
A testamentary charitable lead trust (CLT) or charitable remainder trust (CRT) can be used to totally eliminate estate taxes if the trust is structured properly. By including a formula and specific wording, a testamentary trust can be structured so t… Read More
Tags: Charitable Giving

3 Ways to Give Scholarships to Reduce Taxes and Leave a Legacy of Education

October 4th, 2012
When people give scholarships through a charitable foundation or scholarship trust using funds from their own estate, it tells others that education is important to them. It leaves a legacy that inspires individuals to pursue education and facilitate… Read More

How Does a Conservation Easement in Ohio Work as a Planned Giving Tool?

October 2nd, 2012
Conservation easements in Ohio are a way to preserve family land and reduce taxes by permanently restricting development and land use in cooperation with a government agency, Ohio land trust or nationally recognized land trust. The easement can be do… Read More
Tags: Conservation Easement

What is a Bargain Sale to Charity and How is it Used in Planned Giving?

September 21st, 2012
A bargain sale to charity is a way to make charitable contributions of property to charity while getting some of the property value back. The donor sells the property to the charity for a price below fair market value. The charity gets the benefit of… Read More
Tags: Charitable Giving

What are Life Estates and How are They Used in Planned Giving?

September 17th, 2012
Life estates are a useful tool for making a substantial gift to charity by donating your home or farm without having to vacate the property or give up any benefits your currently enjoy from the property. You’ll receive a charitable tax deduction up… Read More
Tags: Life Estates

How to Know Which Charitable Organizations Qualify for Tax-Deductible Donations

September 10th, 2012
Tax-deductible donations to charitable organizations as part of a planned giving program are a great way to minimize taxes and control how your money is used. However, the organizations you donate to must be chosen carefully. Not every non-profit or… Read More

What is a Donor Advised Fund and How is it Used in Planned Giving?

September 4th, 2012
A donor advised fund or DAF is a charitable giving vehicle that provides an easy way for someone to donate assets to multiple charitable organizations in Ohio or other states without the hassle of paperwork for multiple donations. A DAF also provides… Read More
Tags: Donor Advised Fund

What is a Charitable Lead Trust and How is it Used in Planned Giving?

August 30th, 2012
A charitable lead trust (CLT) is a form of trust that reduces a person’s estate tax by donating a portion of the estate to charity. A CLT can also provide an income tax deduction in some cases. Assets are placed in the trust and the trust makes pay… Read More

What is a Charitable Gift Annuity and How is it Used in Planned Giving?

August 27th, 2012
A charitable gift annuity (CGA) is a financial arrangement in which a donor makes a gift of money or other assets to a charitable organization and in return the organization makes payments back to the donor for the remainder of his or her life. In ad… Read More

Ohio Asset Protection Attorney Recommends Multiple Levels of Protection for your Assets

August 17th, 2012
Ohio asset protection attorneys use a wide variety of tools and strategies to protect a client’s assets. Trusts, including irrevocable trusts, revocable trusts and asset protection trusts, are used in combination with limited liability companies (a… Read More
1 … 23 24 25 … 32 Last »