Practical Tips to Integrate the Rational and Emotional Aspects of Philanthropy

▤ Summary

Charitable giving should be an integral part of these discussions as clients can take advantage of attractive tax deductions, tax-free asset growth and the ability to transfer wealth to future generations. • Most formal charitable vehicles (e.g., donor-advised funds, private foundations) also offer current year income tax deductions, tax-advantaged asset growth and can assist with wealth transfer and sustainability. Largely untapped by financial advisors, philanthropy’s emotional aspects offer abundant opportunity to connect with clients on a deeper level. • Working with clients to define their charitable vision, interests, values and priorities will help you understand them more personally and ultimately determine the best giving strategies for them. • Take your clients through our family philanthropy checklist, which includes creative strategies and practical approaches to support meaningful and intentional involvement across generations.

▦ Linked Companies

Foundation Source

$10M to $25M