Many altruistic individuals make a practice of giving each year as well as having long term goals for how to distribute their wealth to better the world.
There are numerous ways to structure your donations. You may have a set amount you wish to give each year to a religious, philanthropic, cultural, or other nonprofit organization. Your plans may also include more ambitious goals for meeting significant, longer term commitments. Meeting these goals can be accomplished in a way that brings you maximum tax benefits.
We can help you navigate your options for the types of assets to contribute (cash, stocks or bonds, real estate, or others) as well as how to structure your contribution.
Every time you donate to charity, you should consider the opportunity to maximize your tax savings. As your financial commitment to charity increases, you will also encounter added complexities associated with supporting the causes you care most about. We are here to guide you through the many rules and will help you make the decisions that will work best for you personally and in a tax-efficient manner.