At its core, charitable gift planning is the purposeful intersection of your faith, values, and resources with the strategic opportunity to support the charitable organization of your choice in the most tax-efficient manner.
Legacy Law’s attorneys combine values-driven guidance with technical expertise in gifting to support both simple and complex charitable strategies to meet your individual, family, or business planning goals and desires.
At Legacy Law, we listen to your heart, hear your goals, and develop a plan with you and your professional advisors that accomplishes far more than just tax goals – we partner with you to develop a charitable giving plan that lives on.
Charitable gift planning creates the opportunity to leave a legacy and make an impact in your community.
These strategies can take a number of forms, including:
Proper gifting and planning can provide significant tax benefits, including deductions on income taxes and potential reductions in estate and gift taxes.
Done well, gift planning integrates with your overall financial plan, potentially enhancing your estate's value for heirs while supporting charitable causes.
Strategic planning for charitable endeavors allows for thoughtful selection of charities and the impact of your gift, aligning your philanthropic goals with your faith and values.
Gift planning can help you or your family establish a lasting legacy, demonstrating a commitment to causes important to you and inspiring others to give and get involved.
Call to schedule a free consultation with the Legacy Law team. We’ll explain how we approach charitable gift planning, and learn more about your goals.
Through a series of conversations, and working with your other financial or tax professionals, we develop a charitable gift strategy that aligns your resources with your values.
We establish trusts or philanthropic entities as outlined in your comprehensive plan, with a turnkey path and process for the other advisors in your life, helping to create a tax-efficient approach to improving your community and our world.
With recent tax law changes, fewer people than ever will receive a deduction on their tax return due to charitable giving. But there are other ways to create tax-advantaged giving strategies, including donor advised funds, Qualified Charitable Distributions (QCDs) from Individual Retirement Accounts, and Charitable Trusts.
For high net worth families, charitable trusts and private foundations may make sense for philanthropic endeavors.
Looking to make a lasting difference?
Start your charitable gift planning with Legacy Law today. Our experienced team is ready to guide you through optimizing your philanthropic efforts, with strategic planning that benefits you and your causes.
Get in touch to begin the conversation.
