Now that the holidays are behind us, we have all turned our attention to 2019. For some, this includes acting on New Year’s Resolutions. For others, it’s a time to assess what worked best in 2018 and what to improve in 2019. These decisions are playing out against a backdrop of uncertainty – in the financial markets, in the operation of the federal government, and in the impact of the changes in federal tax law. The uncertainty can make setting a charitable giving budget challenging.
We’ve written here before about strategies to maximize your charitable giving in light of the higher threshold for the standard deduction that a taxpayer can deduct from their income each year if they choose not to itemize. What are other ways to manage through the uncertainty of the new year?
A blog about sustainability of the multigenerational family. Sustaining family wealth and
prosperity, unity and legacy, family enterprise and family office, philanthropy, and family lands.
Now more than ever, meeting the challenges of sustainable family prosperity and unity requires great thought, care and planning. Our hope is that this blog will inspire creative thinking, underscore significant issues, offer perspective, encourage communication and embolden you to take action toward sustaining your family’s legacy. Read more blog posts here.