Charitable Contributions and Planning

Charitable giving can be a key component of our clients' personal planning. We help our clients ensure that they receive the most favorable tax treatment with respect to their charitable giving. Tax benefits can include acceleration of the income tax charitable deduction, avoidance of percentage deduction limitations and leveraging of the gift, estate and generation-skipping transfer tax exemptions. 

In establishing a charitable giving plan, we discuss the specific interests the client and their family want to pursue, how much involvement, what ability to direct the gifts the client desires and what kinds of management the client or the client's family require or will require.

We present our clients with advantages and disadvantages of a number of specific charitable vehicles to accomplish their goals. Such charitable vehicles include charitable lead trusts, charitable remainder trusts and private charitable foundations. We also advise clients on the most advantageous assets to use with their charitable giving plan, such as highly appreciated assets and tax-deferred retirement accounts and annuities.