Charitable gifting strategies

Gifting one’s assets or a portion of one’s income to charitable organizations is often a very personal, discrete matter. That said, seeking independent financial advice enables you to better structure your charitable gifts, so everyone involved can benefit over the long term.

For example, it’s important to consider that the tax code offers incentives for the charitable gifting of assets or incomes. Tax deductions are given for current contributions and, for estate owners, charitable gifts can reduce the size of the estate to help minimize estate taxes.