The holiday season brings a host of opportunities to use your wealth in meaningful ways, as you focus on loved ones, share festive wishes with those near and far, and consider year-end giving objectives.
SageVest chooses the holiday season to extend our best wishes for your health, wealth, and happiness throughout the festive season and into the New Year. We also choose this special time of year to direct our company’s philanthropic endeavors. This year, in addition to our traditional charitable partnership, SageVest asked for your input in selecting other deserving organizations in need of our support. The votes are in and the winners are … Read More
The holidays are traditionally a time of gathering together and giving, sharing good times and good fortune with family, friends and those we care about. What happens, though, when the gifting is financial in nature and substantial in size?
Michael Fuhr was recently quoted in a CNBC article that looks at the impact of large monetary gifts on the lives of the recipients, and discusses the taxable, financial, and long-term planning implications for those generous individuals who make sizeable gifts to their loved ones: ‘Smart Ways To Gift Money During The Holidays‘. Read More
With the holidays approaching, we give thanks for our blessings and our thoughts turn to helping the individuals and causes we care most about.
SageVest can be an active partner in helping you define thoughtful giving strategies. To strengthen this objective, we recently hosted Eileen Ellsworth, President of the Community Foundation for Northern Virginia. Eileen discussed the benefits of giving, common questions to consider when choosing a charitable organization, and she offered some useful insights on how to enhance your giving experience and the impact your gifts can make. Read More
A common objective within families is sharing wealth with family members and loved ones. Sometimes it’s a desire to do so, carefully planned and executed. Sometimes, it’s an unexpected need.
Whatever the circumstances, there are many ways to maximize your giving potential. Jennifer presented a recent session at McLean Community Center on how to balance family priorities and values, tax strategies, estate provisions, and other considerations, to help create financial security for you and subsequent generations, both now and in the future. Read More
As the cost of a college education continues to climb, many grandparents are stepping in to help. This trend is expected to accelerate as baby boomers, many of whom went to college, become grandparents and start gifting what’s predicted to be trillions of dollars over the coming decades.
Helping to pay for a grandchild’s college education can bring great personal satisfaction and is a smart way for grandparents to pass on wealth without having to pay gift and estate taxes.
So what are some ways to accomplish this goal? Read More