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How Biden's Tax Plan May Spark Charitable Giving


I would argue that the link between tax incentives to give to charity, and people with the desire to give to charity, is actually pretty weak, said David Foster, certified financial planner and founder of Gateway Wealth Management in St. Louis.
Only 17% of wealthy donors say they are always motivated to give based on tax benefits, according to a Bank of America study on high-net-worth philanthropy.
Foster said the No. 1 concern of affluent donors is will my dollars actually make the impact?
Still, Biden s proposal may present tax-savings opportunities for philanthropic Americans.
Charitable deduction
The government offers a tax deduction to encourage gifts to qualified charitable organizations. ....

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10 ways to ensure money doesn't destroy your home – Punch Newspapers


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Jesusegun Alagbe
Money is one of the big factors that can destroy a home. According to marriage counsellors, it is one of the main causes of problems in families. It can lead to the killing of family members and can turn relationships sour.
In fact, money is said to be the second leading cause of divorce, behind infidelity, according to a 2017 study by a financial consulting firm based in Tennessee in the United States, Ramsey Solutions.
According to the study titled, ‘Money, marriage and communication: The link between relationship problems and finances,’ money is the number one issue married couples fight about. ....

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