As the year draws to a close, it’s time to start integrating tax-smart strategies into your financial plan for the upcoming tax season. Effective tax planning can help you minimize your tax burden, maximize your savings, and enhance financial success into 2025 and beyond.

If you’re charitably inclined, you're probably interested in maximizing your contribution to your favorite organizations and tax benefit. A Donor Advised Fund (DAF) can help you get there while giving your charitable giving strategy flexibility.

As the COVID-19 pandemic continues to work its way through the country and the world, more and more states are issuing stay-at-home orders to help curb the spread of this disease. By practicing social distancing–staying home whenever possible, limiting gatherings of large groups of people, staying six feet away from others, etc.–we can limit the spread of the disease through human-to-human contact. But there can be unintended consequences when we limit human connection.

Historically, charitable planning has involved strategies like a charitable remainder trust or perhaps the establishment of a private foundation.