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

The Planning Process

The Planning Process

While the federal and local elections have been a primary focus for many of us lately, we thought this would be a good time to remember and review the core purpose and value of the work we provide:  Financial Planning.  There are many things we cannot...

Covid Operational Update November 2020

Covid Operational Update November 2020

MarsJewett recognizes the need to provide full transparency of our operational procedures during the Coronavirus (COVID-19) outbreak. The safety and health of our employees, teams and partners is extremely important as we respond...

October 2020 T. Rowe Price Webinar Notes

October 2020 T. Rowe Price Webinar Notes

On October 15th we had the chance to host a Zoom webinar with Chris Dillon, CFA, MBA, Investment Specialist for T. Rowe Price (TRP). Chris works in the Multi-Asset Division of TRP and communicates their investment philosophy with clients. We hosted a Q&A whereby...

The Planning Process

The Planning Process

While the federal and local elections have been a primary focus for many of us lately, we thought this would be a good time to remember and review the core purpose and value of the work we provide:  Financial Planning.  There are many things we cannot...

Covid Operational Update November 2020

Covid Operational Update November 2020

MarsJewett recognizes the need to provide full transparency of our operational procedures during the Coronavirus (COVID-19) outbreak. The safety and health of our employees, teams and partners is extremely important as we respond...