Charitable Remainder Trusts, Charitable Bequests and Your Will
Bequests, beneficiary designations, charitable remainder trusts and charitable lead trusts, explained plainly, with what each one does and cannot undo.
Restricted vs Unrestricted Funds: How a Gift’s Terms Work
You have decided to give. The next question is quieter but just as important: should you say exactly what your money is for, or let the charity decide? That choice is the whole of restricted vs unrestricted funds, and it shapes what your gift can do for years. A restricted gift comes with conditions the […]
What Is an Endowment? How a $10,000 Fund Pays Out
What is an endowment? It is a gift that is invested and kept for good, so that only what it earns is ever spent. If you have been wondering whether $10,000 given to a cause gets used up this year or keeps working after you are gone, an endowment is the second kind. The word […]
Qualified Charitable Distribution: A Guide for Kansas Retirees
A qualified charitable distribution moves money directly from your IRA to a charity and keeps it out of your taxable income. Here is who qualifies and how.
What Is a Community Foundation, and How Giving Through One Works
A community foundation is a public charity that holds charitable funds for one geographic area. Here is how the model works and what giving through one involves.
Donor-Advised Fund vs. Private Foundation vs. Direct Gift
How a donor-advised fund and a private foundation compare on control, cost, privacy, payout rules and deductions, and when a direct gift is the better answer.
Planned Giving in Miami County, Kansas: How It Works
A plain guide to planned giving: what it is, the vehicles available, who it suits, and how a named fund at the Miami County Community Foundation works.
Leaving a Legacy: How to Make a Lasting Impact
Leaving a legacy is a decision rather than an achievement — four questions to answer first, and what a lasting one looks like in Miami County.
Charitable Estate Planning: Your Step-by-Step Checklist
A working checklist for charitable estate planning, from inventorying what your will does not control to the documents your attorney has to draw.
Donating Life Insurance to Charity: A Brief Guide
Donating life insurance to charity is considered to be a profound gesture of generosity. When one does this, it means that the policyholder transfers ownership of the policy to the charity. In this arrangement, the charity assumes dual roles: it becomes both the policy owner and the beneficiary. As the new owner, the charity gains […]