Philanthropic Planning
The “ultra wealthy” have traditionally been known for dominating the domain of philanthropy over the years. We have recently noticed, however, an increase in philanthropic giving by individuals in all financial brackets, and for reasons that range from deeply personal to highly practical. While the results of such giving can range from a simple tax deduction to a sense of deep satisfaction, we offer guidance to donors in all areas and at all levels of their giving.
We help you to understand the different tax deductions associated with the various charitable giving vehicles, and will thoroughly review your personal financial situation with your attorney and/or tax advisor in order to advise on the pros and cons of each charitable vehicle under consideration. With unbiased neutrality, we will help set up or direct your giving in a manner that best fits your individual financial situation. This is typically done though Private or Community Foundations, Charitable Remainder Trusts, Charitable Lead Trusts, or the less complicated Donor-Advised Funds or Gift Annuities, to name the more popular ones. Whether you choose to donate cash, securities or tangible personal property, while you are alive, or as a legacy once you’ve passed away, our goal is to employ both comprehensive and prudent investment and wealth management strategies. We aim to make the most efficient use of your money, commensurate with the most effective use of the tax benefit to amplify your philanthropic generosity.
With unbiased neutrality, we will help set up or direct your giving in a manner that best fits your individual financial situation.