Helping Your Clients

Know Your Advisor

          

         

Ron Berman, Neider & Boucher, S.C.

Ron is a shareholder of Neider & Boucher, S.C. who helps individuals plan for the future of their business and family. 

How do you talk to your clients about charitable giving as part of their estate plans?
We go through whether they have any charitable desires and talk about the fact that in most situations, there is no estate tax to worry about if they choose this route. When clients have built-in gains on certain assets—there can be advantages to using charitable bequests.

How do you talk about the benefits of giving to MCF?
If you are not sure where to give, then MCF works well to be able to choose one or a variety of nonprofits to support. Also, it’s a more cost-efficient way to change your charitable giving intentions than amending your trust through us. MCF is a viable and competent place we can turn to for our clients.

What are other benefits to your clients?
When an individual sets up an IRA (Individual Retirement Account), it’s very beneficial to list the spouse as the primary beneficiary and charity as the secondary beneficiary. The spouse would receive a charitable deduction for donating the money to MCF during his or her lifetime. If the inheritance remains after the spouse’s death, the money becomes a charitable bequest.

 

Does your client have an interest in leaving a legacy?
Take a look at MCF's Legacy Giving Options