Leaving a legacy is an important part of planning for many investors, and the McLaren Wealth Strategies team specializes in charitable giving strategies. Company founder Doug Gross was an early adopter who developed strategies using donor advised funds (DAFs), offering investors their own personal charitable entity to better facilitate future giving.
Making charitable giving part of your financial and estate plan enables you to support the charities and causes you love, now and in the future. Moreover, having the right charitable giving strategy can help further your overall wealth management plan.
There are many ways to make charitable giving part of your financial plan, each with its own level of control and tax benefits. Some options provide immediate or future tax deductions. Others generate a continuous income stream. In every case, our goal is to help ensure tax-efficient giving so that your estate or charity of choice realizes the maximum advantage from your generosity.
Contact us to discuss the specifics of your situation.
Raymond James does not provide advice on tax or legal matters. Please discuss these matters with the appropriate professional. Donors are urged to consult their attorneys, accountants or tax advisors with respect to questions relating to the deductibility of various types of contributions to a Donor-Advised Fund for federal and state tax purposes. To learn more about the potential risks and benefits of Donor Advised Funds, please contact us.
