Charitable Giving Strategies

In the course of developing a wealth accumulation, preservation, and spending plan, it is not unusual for us to discover that a client has built what we call excess capital. Excess capital can be parlayed into an earlier retirement, a larger lifestyle or a bigger inheritance for children. However, often clients don't want any of the above alternatives. Instead they want to use their gifts to improve their communities.

As a result, we often help our clients navigate the complex field of philanthropic giving. Strategies available for creating their charitable legacy include:

Endowments

Donor Advised Funds

Through donor advised funds, we have shown clients how to expedite their giving of stock to charity and to realize their income tax deductions when they need them most.

Charitable Trusts

Through charitable remainder trusts, we have helped clients diversify high risk, concentrated stock positions while retaining a healthy income stream.

Private Foundations

Through private foundations, we help clients carry out missions that go beyond the capabilities of a public charity.

Conservation Easements

Through conservation easements, we help clients protect family land from development, high property taxes, and prohibitive estate taxes.