OBBBA's Charitable Planning Changes: New Deductions for Some, Higher Costs for Others скачать в хорошем качестве

OBBBA's Charitable Planning Changes: New Deductions for Some, Higher Costs for Others

The One Big Beautiful Bill Act creates a tale of two outcomes for charitable giving: some families will see new tax benefits while others face reduced deductions starting in 2026. In this video, Michael Henley and Alison Dorsman break down which donors will benefit from the changes and which will face higher costs. They walk through specific examples showing how income levels and giving amounts determine whether these changes help or hurt your tax situation. Most importantly, they explain why 2025 represents a critical deadline for certain charitable planning strategies and what families should consider before year-end. Watch the video to see how these changes impact your charitable giving strategy, then contact Brandywine Oak Private Wealth at https://brandywineoak.com/contact/ or (484) 785-0050 to discuss your situation. YouTube Time Stamps: 0:00 - Intro from Michael & Alison 0:20 - Overview of new charitable planning changes 0:36 - What’s changed for non-itemizers 1:05 - New cash donation deductions for standard filers 1:23 - How the CARES Act ties into the new rules 1:30 - Limits for single and joint filers explained 1:49 - Real-life example: Red Cross donation 2:05 - Should you track receipts again? Yes! 2:14 - Important restriction: No foundations or donor-advised funds 2:25 - New limits for itemizers and large donors 2:48 - Example: $100K appreciated securities deduction 2:59 - 0.5% AGI haircut explained 3:21 - Scenario: Richard & Lynn with $800K income 3:46 - Why 2025 is a critical planning year 4:12 - Final planning advice: Fund your foundations in 2025 4:41 - Summary: Review your numbers now Brandywine Oak Private Wealth was founded with a clear mission: provide personalized Family Wealth Plans to successful families who often lack the time, resources, and desire to manage their wealth effectively. Learn more by visiting https://brandywineoak.com/