President Donald Trump signed the One Big Beautiful Bill Act into law on July 4. Among its many provisions, this widely publicized bill impacted charitable donations and how they can be deducted. These changes have not come into effect yet but will be starting in...
Jewish people are particularly good at philanthropic giving. This cultural proclivity probably stems from the Jewish religious imperative to give tzedakah, charity to promote what is good and just in society. Today, it is common to see Jewish names plastered across...
Navigating the divorce process is often both emotionally and financially challenging. As part of the process, couples must divide their assets. While this often involves extensive legal and financial negotiations, and potentially even court involvement, there exists one option in structuring a property division that can yield positive results that benefit both the parties and their communities: charitable contributions. The…
Every weekday, I walk by a sign that says, “What would Dolly do?” The small 8-by-11 sign is posted near the office entrance of one of my team members and every time I look at it, it makes me smile a little. Not because I’m a huge fan of Dolly Parton’s music, or acting, though I do enjoy both. But…
On May 3, well-known philanthropists Bill and Melinda Gates announced they were ending their marriage after 27 years. Within her petition for divorce, Melinda Gates cited that the parties do not have a prenuptial agreement, but are asking the court to divide their assets pursuant to the terms of a mutually agreed upon separation agreement. Presently, the terms of the…