GIFT TIPS BLOG
Gift Planning for the Ages
Charitable gift planning has historically been reserved for older people, but it shouldn’t be. People of all ages create charitable gift plans every day. You can talk to literally anyone about a gift plan at any time. In my experience, gift plans are created during significant “life events”. These events…
Cows and Pigs and Chickens, Oh MY!: Gifts of Farm Assets
If you live or work in an agricultural area, it may come as no surprise that farmers donate things like harvested crops, livestock, and farm machinery to charity. It makes sense if you think about it. It’s what farmers have and they’re valuable assets that charities can sell. Each of…
The Five Foolproof Steps to Every Non-Cash Gift
Over the past 20 years, I’ve worked on hundreds of non-cash gifts and the successful ones all had something in common. They all followed the same 5-step blueprint. Every single one of them. No matter the asset type or value, they all proceeded the same way. I didn’t see it…
Five Things to Know Before You Accept A Gift of Real Estate
Real estate can be a very complex asset to accept. That’s because no two properties are alike. They all have their own intricacies, such as location, condition, use, value, etc. These intricacies all bring their own kind of potential risk to a nonprofit. Luckily, the process for evaluating real estate…
Guide to Charitable Gifts of Life Insurance
Gifts of Life Insurance can strike fear in the heart of even the most stalwart Gift Planner. It’s a complex asset and can seem intimidating, but with a few key pieces of knowledge you can master it. The Basics Life Insurance comes in two basic types – “term” and…
Guide to Accepting Gifts of Retirement Assets
SUBSCRIBE TO GIFT TIPS Accepting charitable gifts of retirement assets is relatively easy, because the gift arrives in the form of a check. The hard part is navigating the complexities that come with retirement accounts themselves. In this article, we will look at: Tax basics of retirement assets; Three most…
Guide to Accepting Gifts of Stock + Mutual Funds
When charities decide to start accepting non-cash gifts they usually start with stock and mutual funds, because it’s the easiest to accept and liquidate. So, that’s where we will start. First, let’s make sure we all understand the difference between public and private stock. When you buy stock you’re buying…
Twelve Months of Practical Gift Planning
Hello and Happy 2021! It’s been quite a while since I’ve written to you. So many times I sat down to write, but ultimately decided not to crowd the already crowded airwaves with another message. If you’re like me, you received more blog posts in 2020 than you could read. …
THE BIG 3: Top Year-End Giving Strategies
With year-end getting closer and closer, we don’t have a great deal of time to plan complicated gift strategies, but there are three simple ways that we can give big and give strategically before the end of 2019. #1: Appreciated Securities Appreciated securities can be one of the quickest and…