IRA Insights - Professional Advisors Council Explores New Estate Planning Opportunities

February 7, 2020
An expert panel, including Adam Scott Goldberg, Marianela Collado, James B. Davis and William Snyder, leads “The Best of Heckerling 2020” discussion with the Community Foundation of Broward’s Professional Advisors Council.

New rules for IRAs and how they can be used for charitable giving were key topics at the Community Foundation of Broward’s first Professional Advisors Council meeting of 2020.

Our panel of experts shared insights they gained from attending the Heckerling Institute – a top educational conference, held in Orlando, for attorneys, accountants and financial advisors.

The panel featured William Snyder, Esq., of Snyder & Snyder, P.A.; James B. Davis, Esq., of the Gunster law firm; Adam Scott Goldberg, Esq., of Revis, Hervas & Goldberg; and Marianela Collado, CPA/PFS, CFP®, of Tobias Financial Advisors. They discussed the estate-planning and wealth-management implications of the SECURE Act, which took effect Jan. 1.

The Community Foundation’s new point person for advisors, Senior Director of Philanthropic Services Mark Kotler, discusses his new role with the Professional Advisors Council.

The tax benefit of making IRA distributions directly to charitable organizations, such as a charitable Fund at the Community Foundation, was a key topic addressed by panelists. They also discussed how the new federal law increased the age for IRA required minimum distributions to 72 years old and changed the timetable allowed for distributions of inherited IRA benefits.

“If you have someone who is charitably inclined … you need to be talking to your clients about using their IRA distribution to fund their charitable intentions,” Goldberg said.

About 60 professional advisors attended “The Best of Heckerling 2020” update and breakfast at the Community Foundation office in Fort Lauderdale. It’s an example of the exclusive benefits available to members of the Community Foundation’s Professional Advisors Council – an elite group of professionals who have referred clients who created charitable Funds at the Community Foundation.

We partner with professional advisors to provide philanthropy expertise that helps them meet their clients’ charitable goals.

And when professional advisors partner with us, they have the opportunity to join the Professional Advisors Council. Council meetings are valuable networking opportunities where council members can also learn more about estate planning and wealth management from leaders in the field – while earning continuing education credits.

Lowell Chick, Nancy Thies and Paige Brody attend the Community Foundation of Broward’s first Professional Advisors Council meeting of 2020.
Professional Advisor Council Member Joan Crain, Council Chairman Kurt Zimmerman and Foundation President/CEO Linda B. Carter attend the council’s first meeting of 2020, held at the Community Foundation office in Fort Lauderdale.

Learn more

To learn more about the benefits of joining our Professional Advisors Council, contact Senior Director of Philanthropic Services Mark Kotler at mkotler@cfbroward.org or 954-761-9503.

Professional Advisors Council

More News

Archive

2019