Professional Advisors

Three Reasons Your Clients Can Benefit from a Donor Advised Fund

While every client has their own taxable situation, there are three common reasons a donor-advised fund can serve as a powerful tax planning tool. Let’s begin with, what is a Donor Advised Fund? A donor-advised fund (DAF) is a charitable fund that enables donors to manage their charitable

How Will Charitable Giving Benefit Those Who Aren't Itemizing Deductions?

IRA Charitable Rollover If you are 70½ or older, you may be interested in a way to lower the income and taxes from your IRA withdrawals.  An IRA charitable rollover is the perfect way to help your favorite causes and charities benefit this year.  To avoid any tax liability, IRA distributions

For Advisors: Why Your Clients are Asking About Philanthropy Tools

According to the most recent U.S. Trust Study of High Net Worth Philanthropy conducted in partnership with the Indiana University Lilly Family School Philanthropy, 98% of high-net worth clients are giving to favorite charities each year. And they want help from their attorneys, accountants, and

For Advisors: Doing Good and Feeling Great - Keeping Up with the Clients' Mindset

If you have any doubt that your clients are walking in your door with social impact on their minds, just take a look around! Doing good is everywhere! It's critical that you're aware of this trend so you can maximize social impact as an emotional hook to build client loyalty and next generation

For Advisors: Why the Next Generation and Philanthropy Go Together

As an attorney, accountant, or financial advisor, you are no doubt very skilled at getting inside your clients' heads. Understanding your clients' goals and motivations is critical to creating financial, estate, and charitable giving plans. But have you ever wondered what's going on inside the

Donor Advised Funds and Your Personality Type

For Professional Advisors Personality type matters, even when it comes to supporting community causes. Your "social impact personality type" is especially important as you gear up to structure your or your client's donor-advised fund at the Community Foundation.  A donor-advised fund is a

You Rock: How Your Community Foundation Gives You Star Power

For Professional Advisors   You know the drill. A client mentions a specific charity in the community and asks you whether that charity is reputable and effective. That's a tough question to answer! You're not in a position to know the ins and outs of how charities in the community are being

Clients and Goals: Why Staying Asset Savvy Matters

For Professional Advisors You're advising your clients about their retirement goals, their goals for supporting their children and grandchildren, and their goals for the legacy they intend to leave to the community causes they care most about. In all of the planning work you're doing for

For Advisors: Why the Donor Advised Fund is a Vehicle You Need to Know

Donor-advised funds are the fastest-growing philanthropic planning vehicle in today’s wealth management marketplace. Donor-advised funds have risen dramatically in popularity over the last several years. Total assets held in these vehicles grew nearly 12 percent in 2015 to reach 78 billion by the