Estate Charitable Giving & Trust
BUILDING AN ENDURING PLAN FOR A LASTING LEGACY
One of life’s greatest rewards is sharing your wealth and retirement savings with others. Managing assets to take care of one’s own needs and wants is one thing, but it takes additional planning and knowledgeable guidance to help ensure your financial legacy makes an enduring difference in the lives of loved ones or a favorite charity.
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​An estate plan to control the distribution of your assets benefits everyone—you, your family, and the causes you care about—while helping mitigate future pitfalls. Our experienced team has the resources to collaborate with your attorney and CPA on a personalized plan that preserves your assets and enables you to share your wealth with the people and charities you value most.
STRENGTHEN YOUR LEGACY
Think of it this way: if you don’t plan for your estate, it will inevitably be done for you. Most often the state will intervene, which can take a toll in taxes, time and additional emotional stress for loved ones. That is why it is important to develop your own estate plan.
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​We are here to make legacy planning a positive, life-affirming endeavor that leads to the preservation of your family values and your assets transferring efficiently and according to your wishes. We have access to experts in trusts, insurance, philanthropy and family dynamics. Our team is also adept at working with other professionals – such as CPAs and attorneys – to help ensure a well-coordinated approach, that your wishes are communicated to all involved, that your thoughts are thoroughly and accurately documented, and that your plans are amended appropriately as new marriages and births occur in your family.
PRESERVE YOUR LEGACY
There are various instruments that work within your overall estate plan to provide certainty and control over everything you’ve worked for and accumulated during your lifetime, regardless of asset level. Examples include wills, trusts, insurance policies, and carefully considered durable powers of attorney.
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Using instruments such as these can give you the confidence of knowing that your estate will be handled as you wish and can potentially exclude probate – a lengthy and expensive process. Well-documented estate plans may also help your family avoid the court’s involvement in appointing a guardian or conservator in the event of incapacity. Thorough documentation can provide for long-term care or education for children or grandchildren while other investment vehicles can provide for a favorite charity.
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Our team works with you and your other professional advisors to ensure your wishes are communicated in writing and are legally binding. Moving forward, we will revisit your plan to help ensure it is up to date.
MAKE YOUR MARK
Incorporating charitable giving into your financial and estate plan allows you to support the charities and causes you love, both now and in the future. A well-crafted charitable giving strategy can also enhance your overall wealth and retirement savings plan.
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Various approaches to charitable giving can be integrated into your comprehensive financial and retirement plan, each offering unique levels of control and tax benefits. Some options provide immediate or future tax deductions, while others generate a continuous income stream. Our goal is to ensure tax-efficient giving, maximizing the benefit for your chosen estate or charity.
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Our knowledgeable team can provide recommendations that not only benefit you now but provide the opportunity to shape the way you wish to be remembered.
This information was developed by Raymond James. It is general in nature, and is intended solely for the purpose of illustrating conceptually how a particular estate planning technique might work, based on various assumptions. Whether the planning technique is appropriate for you will depend on your goals and your specific situation. This is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. Investments and strategies mentioned may not be suitable for all investors. Past performance may not be indicative of future results. Raymond James does not provide advice on tax, legal or mortgage issues. These matters should be discussed with an appropriate professional.