For the majority of Americans, the tax overhaul has altered or reduced many of the financial incentives for making charitable donations. But charitable giving is rarely driven solely by the desire to trim tax bills. In fact, most individuals and families give for a variety of reasons and support organizations in whose missions they believe. Still, 18 percent of donors primarily make gifts to receive tax benefits. As this new tax era ushers in, it is an ideal time to examine why you give as well as the vehicles you use to give.
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Words committed to paper, stories shared in print or video, and family histories portrayed in a personal documentary can contribute to your legacy. But how can you be confident the planning strategies used in estate and trust plans, as well as the fiduciary appointments made to carry them out, accurately capture your legacy goals and objectives?
Cyber risk has become a major potential loss exposure for almost any company. As with any other exposure, directors should confirm that reasonable steps are taken to identify, mitigate, respond to, and recover from third parties relating to cyber-related problems when they arise.
The new tax laws have answered many of the concerns and wishes of the business community—reducing corporate tax rates, providing business deductions, and fine tuning business-related sections of the tax code. They will likely create opportunities, along with some challenges, over the coming months and years which may require businesses to make decisions in a number of different areas.
2018 FOX Private Family Trust Company WorkshopFebruary 21-22, 2018Fort Lauderdale, FLVideo #1: The Highest and Best Use of the Private Trust CompanyPresenter:Sara Hamilton, Founder and CEO, Family Office Exchange
2018 FOX Private Family Trust Company WorkshopFebruary 21-22, 2018Fort Lauderdale, FLVideo #2:Transformative PFTC Governance StructuresPresenters:Sara Hamilton, Founder and CEO, Family Office ExchangeRyan M. Harding, President, Garden Trust Company
2018 FOX Private Family Trust Company WorkshopFebruary 21-22, 2018Fort Lauderdale, FLVideo #3:PFTCs in Action - PanelPanelists:Bruce Betters, CEO and Chief Investment Officer, Marshall Street CapitalRyan M. Harding, President, Garden Trust CompanyKim Kusilek, Chief Operating Officer, HRK Group, Inc. Moderator:Mariann Mihailidis, Managing Director, Councils, Family Office Exchange
2018 FOX Private Family Trust Company WorkshopFebruary 21-22, 2018Fort Lauderdale, FLVideo #4:Making it Work: The Distribution ProcessModerator:Ruth Easterling, Managing Director, Member Services, Family Office Exchange
Now that the new tax reform is in place, it’s time to consider the impact it may have on you and your family and determine what steps may be appropriate based on your specific financial goals and circumstances. While the key provisions contained in the new tax law presents nine planning opportunities—including the increased gift tax exemption, shifting income to a pass-through entity, and allocation of assets—they may also create additional tax burdens and other challenges.
In December, President Trump signed a new tax bill into law that is the largest tax overall since 1986. Learn how the new bill may affect your employee benefits programs. Watch and listen to Compliance Officers and Employee Benefits experts discuss the impact of the 2018 tax reform on employee benefits, as well as proposed regulations on Association Health Plans, the ACA Play or Pay Mandate, ACA reporting, and other compliance obligations.