For more than two centuries, Americans have been dedicating a share of their wealth and resources to charitable causes to make the world a better place for others.
At present, we all collectively contribute more than $250 billion dollars each year to support causes and organizations that are both important to us and to others.
Some of us want to improve the condition of humanity in general, while others may sympathize with the plight of the homeless, or strive to provide those less fortunate with an opportunity to fulfill their life’s ambition. You may be interested in supporting your place of worship or passing on a tradition of charitable giving to your children and grandchildren.
A well-designed charitable planning design gives clients an opportunity to create a structured plan through which to affect these philanthropic intentions. In addition, proper planning affords clients an opportunity to realize impressive tax savings, both during their lifetime and upon death.
Philanthropy is most rewarding for clients, as well as for the individuals and causes benefiting from their generosity, when it is practiced effectively. For this reason, we work closely with our clients and their financial advisors to ensure that the charitable plan design meets not only charitable goals, but integrates personal and financial goals as well. Philanthropy focused in this manner propels thoughtful planning to new levels of possibility and provides unique opportunities to contribute resources to those causes and institutions most important to our clients.
Practice Area Attorneys
Please contact Smith and Condeni for more information. We look forward to hearing from you.