Philanthropy & Giving
Your philanthropy follows your vision and supports the issues that matter most to you. See how giving can be part of your wealth management strategy.
2020 Year-End Charitable Gift Strategies
As the holiday season approaches, those who are charitably inclined are exploring tax-efficient ways to help the causes they believe in during these challenging times.
Trust Strategy: Impactful Giving to Reduce Taxes and Transfer Assets
Individuals with significant tax events may face minimal opportunities for deductions or credit. A Charitable Split-Interest trust can be a possible solution.
Make the Most of Charitable Giving with Your IRA
Philanthropy plays a significant role for many high-net-worth families in their wealth planning. When we think about leaving a charitable giving legacy, making a bequest from our estate naturally comes to mind. However, individual retirement accounts (IRAs) can be an attractive and flexible way to manage charitable gifts and meet estate planning needs.
From Checkbook Giving to Strategic Philanthropy: Six Questions to Start a Family Giving Discussion
A combination of changing wealth demographics, external market influences, and new technologies has democratized charitable giving in the United States. The more individuals respond to the ease with which people can now donate, for example, via social media platforms or by texting to contribute, the less families coordinate giving efforts to meet broader philanthropic goals.
Giving for Good: Generational Differences in Philanthropy, Legacy, and Wealth Planning
Your family may have a clear desire to make a positive impact on the world, but do you truly understand the differences between how you view the family mission, and how your children see this mission? Based on the latest Key Private Bank Advisor Poll on philanthropy, 80% of financial advisors said only some or hardly any clients involve the next generation in family philanthropy.
Checklist: How to Maximize the Impact of Your Philanthropic Giving
High-net-worth (HNW) investors and families most often engage in philanthropy and charity for moral reasons — with 34% of advisors saying clients feel a duty to make the world a better place and 32% citing an ethical obligation to repay the people and institutions that contributed to their success, finds the Key Private Bank Advisor Poll on philanthropy.
Key Private Bank Philanthropy Advisor Poll
Key Private Bank’s Advisor Poll on philanthropy surveyed more than 120 client-facing advisors, exploring wealth advisors’ experiences working with high-net-worth clients on philanthropic investing strategies and execution.
A How-To Guide for Charitable Giving: Making the Most of Your Donations
Charitable giving is first and foremost about philanthropy — a desire to put your money to work to advance causes that matter.
Checklist: Reach Charitable Goals Using Donor-Advised Funds
Donor-advised funds are growing in popularity, and it’s easy to see why.
3 Tips for Meeting Tax and Philanthropic Goals Through Charitable Remainder Trusts
Combining charitable giving with an ongoing income stream, a charitable remainder trust (CRT) can play an important role in your wealth and estate plan.
5 Ways to Maximize Tax Benefits for Charitable Gifts
Changes to the standard deduction under the Tax Cuts and Jobs Act (TCJA) of 2017, mean that many individuals will no longer itemize their deductions.
Local Volunteer Opportunities: A Smart Guide for Retirees
You're retired. Your time is finally yours. You might be considering adding some volunteer efforts to your day now that you have the time to give back.