A San Rafael, California-based registered investment advisor, The Putney Financial Group offers expert guidance in the areas of portfolio management, retirement planning, and estate planning. Dedicated to serving the complete wealth management needs of approximately 250 families, The Putney Financial Group also provides assistance with planning charitable giving.
After accumulating assets and achieving a certain level of financial security, many affluent people turn their attention to philanthropic giving. Investment advisors work closely with clients’ attorneys and accountants to explore and plan charitable gifting programs that make the most of a person’s assets. Options for charitable giving include private foundations, nonprofit organizations, and donor advised funds.
One way to make your charitable giving stretch further is by donating appreciated assets like stocks to a charity. This way, you may be able to avoid paying capital gains taxes on the stocks’ appreciation, which increases the amount you donate and lowers your tax liabilities. Consult with an experienced investment advisor to ensure that you are aware of the available tax deductions when donating assets.
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