Most taxpayers understand that to receive the benefit of charitable deductions, they need to itemize their income tax deductions. Creating a charitable giving strategy can be a great way for taxpayers to save on taxes while benefiting their community. Certain techniques can be used in conjunction with others to maximize the benefit of charitable giving. Read on to learn more. … [Read more...]
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A Time for Thanks and Community
Thanksgiving is a time for giving thanks and for community with family and friends. While this year may have been a difficult year for some of us, there is still much for which we can be grateful. As we gather around the Thanksgiving table with our loved ones, let’s be grateful for the food on our table and the companionship of our loved ones around us. We give thanks for the many blessings we have. Thanksgiving is a good time to thank those whom you’ve asked to play a role in your … [Read more...]
Don’t Be a Turkey – Take Advantage of Your Annual Per Donee Exclusion Amount
The holidays are a great time to review the past year and make plans for the upcoming one. Part of those plans should be reviewing your Estate Plan and considering what, if any, steps you should take to help you achieve your goals. One of the easiest, but most overlooked, ways to do some quick planning is to take advantage of the annual per donee exclusion amount which can have a tremendous impact on reducing the estate without use of the applicable exclusion amount. Read on to learn more. … [Read more...]
FREE Personalized Letter from Santa Claus
How to Make the Magic Happen: Submit the form below before December 1st. Our devoted team will work their holiday magic, crafting a personalized letter straight from Santa himself. Each letter will be mailed by December 8th with love from the enchanting North Pole, bringing smiles and joy to your little one! 💌 … [Read more...]
Tips For Widows/Widowers
Losing a spouse can be emotionally challenging. During this difficult time, managing finances can become overwhelming. Here are some tips for widows or widowers dealing with financial matters after the death of a spouse: Not all this information may be applied to your own situation, but it’s a helpful reminder about the many elements of finances that need to be addressed after a loved one dies. Morrison Law Group, PLC has devoted its practice to estate planning and elder law matters … [Read more...]
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