Many families start private foundations with great enthusiasm, eager to research their favorite charities and involve their families. But more and more families are converting private foundations to public charities or donor-advised funds.
Young donors can be passionate philanthropists, but they often need guidance. Advisors can better serve this segment by offering age-appropriate advice.
Many financial advisors fail to broach the topic of charitable giving with their clients-even though they are uniquely positioned to play a pivotal role in developing clients' giving strategies.
In recent years, extended families have become increasingly spread out, with children frequently raising their own families in cities far away from where they grew up. How can a family maintain a tradition of local giving despite this mobility?
Giving real estate can provide significant tax and income advantages for givers and allows some donors the chance make significant charitable gifts that are not possible otherwise.
Since collecting art is a passion for many people, they must someday decide how to transfer their art treasures. There’s an art to giving art to charity and receiving an income tax or estate deduction for your gift.
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