Charitable giving or "legacy planning" is a process that attempts to go beyond the technical aspects of transferring wealth, focusing instead on the desire to be philanthropic, and equipping the family's future generations with the tools to handle their significant inherited wealth.
At its core, charitable giving and legacy planning incorporates a client's values, beliefs, philosophies, and always their families. The goal is for wealth transfer to happen harmoniously and cohesively. It often contains a component of making an impact by giving back - to communities, philanthropic organizations or educational institutions.
With careful planning, estate taxes can be limited or even eliminated, if desired. With some planning and guidance, your family can leave a lasting legacy.
Charitable Giving
& Leaving a Legacy