Some good opportunities for charitable giving still exist under the 2017 Tax Act.
Intergenerational giving provides an opportunity to animate your family values and to begin to establish a lasting philanthropic legacy for your family.
Is instilling a philanthropic mindset in your children important to you or your clients? If so, you should read this article:
Donor Advised Funds (DAFs) are one of today’s most attractive charitable giving tools. DAFs allow donors to earmark money for charity, receive a tax benefit in the year of the donation, and decide later which nonprofits will receive grants. The numbers are impressive – last year (2014) donors poured $19.7 billion into DAFs, a 14.1 percent increase over 2013. Click the link below for further insight into these increasingly popular charitable funds.
If you are considering charitable giving, you might want to consider giving appreciated securities, rather than cash. As this article explains, giving appreciated securities is usually a much more tax efficient way to benefit charity.