Charitable Giving

One of the most fulfilling aspects associated with the accumulation of wealth is the ability to use it to help others. Private philanthropy is a thriving enterprise in the United States, and there are a variety of reasons to consider it in your estate planning and as a strategy for reducing your tax burden.

MarsJewett can help you develop a plan to share your success with generations to come.

In addition to personal satisfaction and community recognition, private gift giving in the United States supports thousands of worthwhile projects that would otherwise go unfunded. On a more practical level, resources committed to a charitable cause on a tax-advantaged basis can often avoid capital gains tax, while providing a current income tax deduction to you, your family, or your estate.

Charitable trusts can be structured to provide personal income from your assets throughout your lifetime and that of your spouse, actually enhancing the value of your estate, as you gift benefits to others in a lasting and meaningful way. The use of trusts involves a complex web of tax rules and regulations. We consult with experienced estate attorneys before implementing such strategies, and in many cases, we work closely with your family’s attorney and/or CPA.

EDUCATIONAL RESOURCES

February Newsletter 2021

February Newsletter 2021

We hope 2021 is off to a good start for you.  Recently we have received quite a few questions regarding Gamestop and what is going on in the stock market.  We thought you might be interested in reading up on what has been going on. I. Gamestop: Internet...

Covid Operational Update January 2021

Covid Operational Update January 2021

MarsJewett continues to prioritize the safety and health of our employees, clients, and partners as we respond to the COVID -19 virus. Considering the continued statewide restrictions mandated by Governor Inslee, the following operational updates remain in place: Much...

February Newsletter 2021

February Newsletter 2021

We hope 2021 is off to a good start for you.  Recently we have received quite a few questions regarding Gamestop and what is going on in the stock market.  We thought you might be interested in reading up on what has been going on. I. Gamestop: Internet...

Covid Operational Update January 2021

Covid Operational Update January 2021

MarsJewett continues to prioritize the safety and health of our employees, clients, and partners as we respond to the COVID -19 virus. Considering the continued statewide restrictions mandated by Governor Inslee, the following operational updates remain in place: Much...