charitable giving
Charitable giving can be a powerful way to build your legacy.
Capstone works with you to define your charitable values and concerns, using tools to direct your giving in ways that maximize benefits to you and your beneficiaries.
Philanthropic decisions require a thorough analysis of your entire financial framework, including tax ramifications, impacts on retirement goals and effects on estate planning. Capstone can identify and implement carefully chosen, sophisticated methods for meeting your charitable desires while still preserving your financial goals. Our team will help you select the charitable planning strategies and vehicles that will make your giving efficient and effective.
OUR PERSPECTIVES: charitable giving
Senior Wealth Advisor Brian Niksa, CFP® discusses “How to optimize your charitable planning,” for the Daily Herald Business Ledger. The article discusses three main charitable giving strategies.
In many ways, the Tax Cuts and Jobs Act (TCJA), passed in December 2017, marked the beginning of a new approach to tax planning.
In contrast to traditional methods that typically involve budgeting for one-time annual donations directly to charity, “planned giving” involves making significant gifts to charities that are arranged in the present to be granted in future years.
For most individuals, the main goal of giving to charity is not necessarily to take advantage of the income tax deduction or to receive some benefit in return, but rather to support an organization that has a mission they believe in.
Have you ever given something to an organization and wondered if it would count as a tax-deductible charitable donation?