Planning for Strategic Charitable Giving
A meaningful part of your financial plan is your charitable giving.
Perhaps it’s the ideal time to put a charitable giving strategy in place to help you make the most of your donations. Consider strategic giving when you:
- Want to make a large charitable gift to offset your tax liability
- Intend to make numerous and substantial charitable gifts upon your death
- Typically claim the standard deduction
- Want to retain control of the timing of the charitable distribution
To help you frame the decision regarding whether a donor advised fund is right for your situation, click here for a helpful flowchart. You’ll find that donor advised funds can enable you to optimize your tax planning while simultaneously streamlining and fulfilling your philanthropic goals.