Developing & Implementing Charitable Gift Strategies
Americans give billions of dollars to charities every year. In addition to helping those in need and strengthening your community, charitable gifting has significant tax benefits that can strengthen personal finances. We understand charitable giving can be complicated and confusing, which is why our estate lawyers are committed to providing clear guidance through every step of the process. Our comprehensive charitable giving strategies can increase savings for the donor by reducing income taxes and minimizing, or even eliminating, estate and capital gains taxes. Contact us for more information on charitable gift planning and schedule a consultation with our North Carolina law firm today.
Benefits of Charitable Planning
Charitable gift planning is an important part of estate planning and wealth preservation. It involves selecting charitable organizations to receive charitable donations. With our expertise in charitable giving, we can help you achieve your philanthropic goals while maximizing savings on your taxes.
- Certain trusts can increase retirement income
- Reduce taxable income or taxable estate
- Reduce or avoid capital gains tax
- Additional personal benefits based on your financial circumstances
Types Of Charitable Planning Services
Our estate planning attorneys guide clients in determining the best plan to support their charitable cause. Additionally, we can aid in setting up private foundations and provide business planning, taxation, and administrative law support. As full-service trust and estate planning attorneys, we can provide comprehensive support for all your charitable giving needs.
- Incorporation of Charitable Non-Profit Organizations
- Development of Private and Community Foundations
- Charitable Remainder and Lead Trusts
- Charitable Gifts and Bequests
- Donor Advised Funds
- Ongoing Management and Advising
How To Plan For Charitable Giving
Our experienced charitable planning attorneys can help clients maximize the value of charitable donations. We strive to make charitable gift planning simple and hassle-free for our clients. Our team of knowledgeable estate lawyers works closely with you to identify the best charitable giving vehicle for your particular situation, taking into account your charitable goals and budget. Plus, we understand how specific contributions are taxed to make sure your legacy is carried forward in the most impactful way possible. Our estate planning lawyers also provide comprehensive counsel on making sure your donation is used most effectively by the charitable organization you choose. Contact us today for more information on how we can help you plan for charitable giving, schedule a consultation with our NC law firm.