By Kathleen Lowenthal, Development Officer, CFNOVA
Charitable giving can be a powerful planning tool, but many opportunities are overlooked in routine estate, tax, and wealth planning discussions. Consider raising these questions with clients:
- Legacy Planning: How do you want to be remembered through philanthropy?
- Appreciated Assets: Would you be open to considering a gift of stock or other highly appreciated assets? This can be more tax-efficient than giving cash.
- Donor-Advised Funds: Have you considered whether a charitable giving vehicle might help simplify your family's philanthropy?
- Retirement Assets: Are your IRA beneficiary designations aligned with your charitable intentions?
- Estate Gifts: Have you incorporated charitable bequests into your estate plan?
While every client's situation is different, charitable planning can help clients support the causes they care about while advancing broader financial, tax, and legacy goals.
This email address is being protected from spambots. You need JavaScript enabled to view it. and your clients to explore tailored charitable giving strategies. Please reach out to explore more targeted planning ideas to support your clients.
Kathleen Lowenthal
Development Officer
Community Foundation for Northern Virginia
The Community Foundation team is happy to help you structure charitable giving tools and plans to achieve your clients’ philanthropic goals—whether through beneficiary designations or any other type of charitable giving vehicle. This email address is being protected from spambots. You need JavaScript enabled to view it.!
The information contained in this article is provided for informational purposes only. It is not intended as legal, accounting, or financial planning advice.
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