Philanthropic Planning

Many of our clients have made charitable giving a substantial part of their lives. Giving money away is easy, but giving money away with meaning is much more difficult.

Based on an individual's personal objectives, it is critical to create a clear plan for charitable giving during lifetime and as part of the overall estate distribution. A comprehensive plan for philanthropy must be integrated into the financial objectives for the family, the business and the estate. Additionally, there are sophisticated tax strategies which can substantially reduce income taxes and eliminate estate taxes.

We have advised many clients in the creation and structure of a family foundation which has brought personal gratification to multiple generations. The positive benefits to the family are often more substantial than the tax savings.