Charitable giving know-how can set your firm apart. Why are advisors uncomfortable talking about it?
For philanthropists, maximizing impact begins with a thoughtful examination of their goals, motivations and guiding principles.
The number of people making donations has declined, but amounts are increasing.
Here's how you can help aging clients slow the depletion of their wealth.
Donating part of a business to charity brings tax benefits, Vanguard Charitable says.
Studies show that generosity can boost happiness and overall well-being.
The fund has no fees and no contribution minimums.
Only about half of surveyed donors discussed their plans with advisors, Fidelity's charitable giving arm said.
With DAFs, donors can distribute grants to their favorite charities over time, effectively pre-funding years of giving with assets from a single high-income event.
While some dismiss the idea of donating real estate, there can be good reasons.
Doctors Without Borders and World Central Kitchen were the top grant recipients.
Donors are becoming savvier about the advantages of donor-advised funds, Fidelity says.
The rules for political donations are complicated.
There are both emotional and rational benefits of holistic advice, which should include philanthropy.
The proposal also seeks to designate RIAs as “donor advisors,” subjecting them to excise taxes.
The proposal also seeks to designate RIAs as “donor advisors,” subjecting them to excise taxes.
Younger clients are changemakers who value impact and technology.
Charitable giving for emergencies leads to more overall donations, the donor-advised fund organization said.
These charitable giving vehicles allow clients to earn tax savings on appreciated assets.