Wednesday, 16 July 2014
Kathleen Longo offers financial advice in When Wealthy Women Remarry Men of Lesser Means
Shared by the Wall Street Journal, July 16, 2014
When Lili Vasileff's 30-something client said she was getting remarried, the financial planner couldn't help but congratulate her. But when the corporate lawyer with a net worth of $5 million and earning a seven-figure salary explained she was marrying a carpenter who had only about $200,000 in assets, the...
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Thursday, 10 July 2014
Kathleen Longo describes how retirement assets and a Donor Advised Fund can be the perfect solution for charitable giving as part of an overall legacy plan in Talking About Philanthropy
Shared by the Minneapolis Foundation, July, 10 2014
Many donor families are increasingly using a Donor Advised Fund to support their multi-generational giving. Donors Joe and Ellen Kim* wanted a giving vehicle that would allow them to share their charitable legacy with their three daughters and pass along their retirement assets without incurring tax liabilities. To fulfill both their giving and tax goals, the Kims named their donor-advised fund as a beneficiary of their IRA assets.
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