Giving Tuesday has been established as an international day for charitable giving each year on the Tuesday immediately following Thanksgiving. We would like to take this opportunity to shine a light on philanthropic efforts and the different ways you can maximize your impact on causes and organizations that are important to you. It’s a fitting time to consider your philanthropic goals and review or design a giving plan.
As your advisor, we are here to help facilitate the discussions that will help you define your giving goals and then build your plan, especially where there are techniques that touch the investment and financial planning realms. Our wealth management team is regularly on the lookout for new strategies and ideas to help guide in the establishment, modification, or monitoring of a tax-aware, impactful gifting plan.
There are two categories of ideas that we feel are important to focus on: (1) strategies that maximize after-tax giving so you can give even more and (2) strategies that make your charitable giving more effective.
Maximize After-Tax Giving
Effective Strategic Giving
Note that all these tax and gifting techniques require careful forethought and planning, as every person’s tax situation is different. That’s why we feel it’s important to help you coordinate the discussion with us, as your advisor, as well as your tax professional. And our ultimate goal is to help you maximize your impact while optimizing your tax situation.
Happy Giving Tuesday!
If you would like to discuss your charitable giving or tax–planning issues in more detail or have other year-end planning questions, please contact your Litman Gregory Wealth Advisor or email our team at firstname.lastname@example.org.
A Decade Past, the Decade to Come
The last decade has seen U.S. stocks significantly outperform non-U.S. stocks, large caps outperform small caps, and growth strongly outperform value. And while the dominance of these trends has been unrelenting, we have already begun to see the last decade’s major market trends starting to reverse. In this post, we look back on the last 10 years and consider what to expect as investors over the next 10.
Litman Gregory Joins iM Global Partner
We would like to share some important and exciting news about our company’s future. After much due diligence and careful thought, the firm’s principals and founders have decided to take a significant step toward growing our resources and ensuring our ability to excel for generations to come by joining iM Global Partner, a privately held global investment services firm.