Alterra Advisors

Person to Person Charity – What Is It and Why Should You Consider It?

When you think of charity, what comes to mind? Do you think of non-profits – organizations taking on major challenges and trying to make a difference? True! Many charitable contributions aim to give from your resources to fund groups who seek to meet the needs of others – and, as an incentive, you usually get a tax deduction for your contribution! But what if we simply define charity as giving to those in need? This opens a new world of philanthropy many find brings deep fulfillment and makes a difference. We call it Person-to-Person Charity.

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Turning Taxes Into Opportunities

Can taxes really be turned into opportunities? We discuss a few strategies!

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Leaving a Legacy – Plan by Default or Plan by Design?

Everyone has a plan. Whether you know it or not, everyone has a plan when it comes to leaving your hard earned wealth to the next generation – the government’s plan. They’ve made a host of default decisions for you. What taxes you’ll pay, how your assets will be divided and who’s in charge of… Read More »

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Estate Plan or Legacy Plan – Which Do You Have?

Every family wants to create a sound legacy for their children for the future, but too many skip the critical steps in the present to achieve those goals. And, it’s no simple matter. Business owners have a lot to think about when deciding when and how to transfer their assets to the next generation. What happens… Read More »

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Can you gift too much?

We love givers! Nothing excites our team like helping clients strategically think through how they can use their wealth to make the biggest impact possible on the people and causes they care about. So, a discussion of giving too much away might initially seem strange. But, if you’re not careful, you might inadvertently end up… Read More »

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Charity Donatrion

Qualified Charitable Distributions

As the owner of a traditional IRA, you are likely aware that you are obligated to make required minimum distributions (RMDs) once you reach age 70½.

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