LWTAC

Op-Ed: Charitable Deduction Would Help New Jersey Nonprofits

March 19, 2018 Hans Dekker in NJ Spotlight We have a long and rich history of philanthropic giving, but new data shows New Jersey falling to last place among wealthy states for giving While a state income tax deduction for charitable giving has long been a good idea for New Jersey, last year’s changes in federal tax laws make it all the more urgent.…

RegentAtlantic: Tax Planning for 2018 and Beyond, Bunching Donations

January 2, 2018 See below for a detailed summary of recent tax changes from our friends and partners at RegentAtlantic. The recent tax law changes were the most disruptive changes to the tax code in more than 30 years.  The most impactful changes to personal income tax were the elimination and limitation of most major itemized deductions.…

Steinhart, Posner Join Legal, Wealth & Tax Advisory Committee

May 16, 2017 The Community Foundation of New Jersey is pleased to welcome Ashley Steinhart of Lowenstein Sandler and David Posner of Posner & Kramer to its Legal, Wealth & Tax Advisory Committee. For more than four decades, Ashley Steinhart has counseled some of the most prominent families in America.…

Why You May Want to Make Charitable Contributions for 2017 Sooner Rather Than Later

May 9, 2017 Charitable donations and gifts to donor advised funds rose substantially in 2016, due in part to anticipated tax changes this year. And while the failure of Republicans to come together on a health care plan has raised questions about the future of tax reform, it’s still likely some legislation will pass this year, in part because Republicans have a vested interest in achieving legislative victories before the 2018 midterm elections.…

How to give to charity in the most tax-effective way

By Michelle J. Black, CIMA®, CPWA® You want to accomplish as much as possible when you donate to charity. Beyond contributing to worthy causes, that means allocating your resources as tax-efficiently as possible. Fortunately, a number of income and estate-tax planning strategies can help achieve this.…

10 Reasons You Should Consider Donor Advised Funds

July 21, 2015 Brian Kazanchy, RegentAtlantic As a Wealth Advisor, I work regularly with clients who have a great interest in making donations to charity. Although they could easily write checks to their favorite nonprofits, I usually suggest my clients look into using Donor-Advised Funds (DAFs) instead.…

CFNJ Hosts LWTAC Reception

February 20, 2015 The Community Foundation last night hosted members of its Legal, Wealth, Tax Advisory Committee for a reception to say “thank you” for their continued good counsel and support. By guiding philanthropic families, members of the Legal, Wealth, and Tax Advisory Committee play a pivotal role in strengthening the power of New Jersey’s charitable organizations.…

What issues should you think about when structuring a bequest?

July 15, 2014 Many people ask the Community Foundation to help them build their charitable legacies. For those wishing to structure a bequest or other type of fund meant to last for generations, we offer a host of options and steward their legacies in line with their philanthropic intent.…