Charitable Gifting
Charitable giving is a meaningful way to support causes you care about while benefiting your financial plan. By strategically planning your donations, you can make a significant impact and potentially enjoy tax advantages.
Helping You Give Back to The Community
Imagine turning your generosity into a powerful tool for change. Giving back to the community can feel so rewarding. We help you explore ways to donate appreciated assets, reduce capital gains tax, or set up donor-advised funds for long-term giving. By aligning your charitable goals with your financial strategy, you can make a lasting difference while managing your wealth effectively.
Strategic Charitable Giving
Turning your generosity into impactful actions requires careful planning. Donating appreciated stocks can support your chosen causes while reducing your capital gains tax. Setting up a donor-advised fund allows you to make a substantial donation now and decide later which charities will benefit. We help clients implement these strategies and help them create the legacy they intended.
Donor-Advised Funds
Donor-advised funds offer a versatile and tax-efficient way to support your favorite causes. By contributing to a donor-advised fund, you can take an immediate tax deduction and distribute funds to charities over time. This method provides flexibility in your charitable giving, allowing you to make a significant impact now while thoughtfully planning future donations.
Charitable Trusts
Charitable trusts blend philanthropy with financial planning. For instance, a charitable remainder trust provides you with income before donating the remainder to charity. In contrast, a charitable lead trust supports a charity first, then transfers assets to your beneficiaries. These strategies offer tax benefits and support your favorite causes. We help clients choose the most suitable option for their financial plan.
Tax-Advantaged Giving
Tax-advantaged giving helps you support causes while enjoying tax benefits. Donating appreciated assets or making qualified charitable distributions from your IRA can reduce taxable income. This approach maximizes your donations’ impact and aligns with your financial plan. We guide clients in implementing these strategies to meet their charitable and financial goals.
Legacy Planning
We all want to leave our mark on the world. A legacy plan can do precisely that. By crafting a plan that includes your wills and trusts, you can distribute your assets according to your wishes. We also have a Legacy Partners Program for clients and their adult children to streamline the process, include the whole family in curating this plan, and allow everybody to outline their values and goals.
Charitable Giving Services
Talk to A CERTIFIED FINANCIAL PLANNER™ Denton, TX
Are you ready to take the next step and work with a fiduciary financial planner to enhance your wealth? You can schedule a call at a time that works best for you.