Skip to main content

STAR Financial Solutions

  •  Tel: 941-357-1390
  •  Fax: 941-803-1697
  •  Email: esther@starfinancialsolutions.com
  • "Planning and investing
    for all that life brings"
  • Client Login
  •  
  •  
  •  

STAR Financial Solutions

  • Home
  • About 
    • Our Team
    • Our Philosophy
    • Our Process
    • Our Commitment to You
  • Our Services 
    • Women and Investing
    • Wealth Management
    • Asset Allocation
    • Financial Planning
    • Life Changing Events
    • Retirement Planning
    • Managing Your Finances
    • Charitable Giving
  • Resources 
    • Client Login
    • Articles of Interest
    • Financial Calculators
    • Useful Websites
  • As Seen On TV
  • Contact

  

    You are here

  1. Home
  2. Our Services
  3. Charitable Giving

Charitable Giving

Everyone has their own reason for gifting their assets or a portion of their income to charitable organizations.  Some find comfort in helping others who are less fortunate, while others simply want to share their good fortune.  Many of the institutions of art, sciences and education are supported in large part by those who want to give something back in appreciation for their contributions to the community or the individuals themselves.

Presently, the tax code offers incentives for gifting of one’s assets or incomes. Tax deductions are given for current contributions and, for estate owners, charitable gifts can reduce the size of the estate to help minimize estate taxes. And new tax law has allowed Qualified Charitable Distributions directly from your IRA as part of your RMD (Required Minimum Distribution) up to $100,000 per year.

Often times, an individual will designate a charitable beneficiary in their will or trust to benefit the organization after the individual dies.  By using charitable gifting techniques, a donor may be able to benefit the charity while living without having to sacrifice the income that an asset can generate.  Understanding how properly structured charitable gifts can provide current benefits for both the donor and the charity could be important for the charitably inclined.

Charitable planning involves tax issues that should be discussed with a qualified tax or financial professional.

For more information of charitable planning, please contact us today.

Our Services

  • Women and Investing
  • Wealth Management
  • Asset Allocation
  • Financial Planning
  • Life Changing Events
  • Retirement Planning
  • Managing Your Finances
  • Charitable Giving

Star_art_RGB_300.png

5899 Whitfield Avenue
Suite 201
Sarasota, FL 34243
  •  Tel: 941-357-1390
  •  Fax: 941-803-1697
  •  esther@starfinancialsolutions.com

Securities offered through International Assets Advisory, LLC. Member FINRA/SIPC. Advisory Services offered through International Assets Investment Management, LLC. International Assets Advisory, LLC and International Assets Investment Management, LLC are affiliated companies. Registered to sell securities in the states of AR, CA, CO, CT, FL, GA, IL, MI, NM, NY, PA, VA, TX, SC and licensed to sell insurance in the states of FL, NY, CT. This is not an offer or solicitation in any other state. Investments will fluctuate and may be worth more or less than when originally purchased. There is no assurance that any particular strategy will work under all market conditions.  Past performance does not guarantee future results.

Legal & Privacy

 

© 2019 STAR Financial Solutions. All rights reserved.

Website Design For Financial Services Professionals