by Scott Monk | Uncategorized
How I came to devote my life to building a legacy of charitable giving and helping others build theirs. In this post, I thought I would take a moment to tell you a bit about myself – specifically, about my charitable giving journey. I wanted to share this...
by Scott Monk | Tax Planning
Today’s blog post comes to us courtesy of Sean Mullaney over at The FI Tax Guy It’s time to think about year-end tax planning. Year-end is a great time to get tax planning ducks in a row and take advantage of opportunities. Remember, the below is for educational...
by Scott Monk | Insurance Planning
If you’ve maxed out your retirement savings vehicles, such as 401ks and IRAs, and still have discretionary income to save, you may be considering tax-deferred annuities. While annuities have their advantages, for those with strong legacy goals, they’re usually not the...
by Scott Monk | Estate Planning
The estate tax diminishes the amount you could put towards your legacy planning goals. Thankfully, strategies exist to minimize your exposure. Every dollar of wealth surplus not paid to the IRS is one more dollar that can be used for legacy giving. Keeping that...
by Scott Monk | Estate Planning
If you like the idea of a Charitable Remainder Trust (CRT) but have some reservations, an ILIT, CGA, or pooled income fund are alternatives. A Charitable Remainder Trust (CRT) is a potentially terrific tool for those of us with strong charitable legacy goals,...
