Greg Baker, J.D., ChFC®, CFP®, CAP

You may be aware that every U.S. and foreign charity that is recognized by the IRS and qualifies under Section 501(c)(3) of the Internal Revenue… Read More »Private Foundation vs. Public Charity: Definition, Differences, and Benefits Explained

Donor-advised funds are a fast-growing and increasingly popular means of charitable giving thanks to their potential for tax free growth, low administrative burden, flexibility in… Read More »Private Foundation to Donor-advised Fund Comparison — Should You Convert?

Those who want to establish a legacy of charitable giving have more options than ever before — but there’s a lot to navigate when it comes… Read More »The Differences Between Donor-Advised Funds and Charitable Trusts

This is Part 3 of a 3-part series.

Read More »Four Strategies to Utilize Life Insurance for Charitable Gifts

This is Part 2 of a 3-Part series on Charitable Gifts of Life Insurance. (Catch-up with Part 1).  In this post, we will focus on policy suitability and claiming the charitable deduction and then wrap up with a Case Study. Part 3 will describe a client who gave an existing policy and a client who gave cash to a charity, which then purchased a new life insurance policy.

Read More »Which Life Insurance Policies are Suitable for Charitable Giving?