In my practice as a Financial Advisor, we advise clients on asset or donation strategy based on their personal situation and goals to maximize the benefit to them and the charity. Donors can support charities with cash donations or follow techniques that maximize both the gift and the potential tax benefit.
By planning contributions, donors can:
- Minimize capital gains, off-set high-income
- Planning a business exit strategy
- Reaching the next generation
- Setting up a private foundation
Donors have choices in how to contribute:
- Direct gifts
- Charitable gift annuities
- Pooled-income funds
- Gifts in trust
- Donor-advised funds
- Donating non-publicly traded assets
- Private Donor Group
This information is no replacement for real-life advice. A financial professional can help you assess which approach can work best for you. Consult your tax, legal, or accounting professional before modifying your charitable giving strategy.
Robert L. Schein, AIF
Partner, Managing Director
Blanke Schein Wealth Management | HighTower
Blanke Schein Wealth Management is registered with Hightower Securities, LLC, member FINRA and SIPC, and with Hightower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through Hightower Securities, LLC; advisory services are offered through Hightower Advisors, LLC.
This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.
All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and Hightower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.
This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of Hightower Advisors, LLC, or any of its affiliates.