Скачать или смотреть Charitable Giving: Estate Planning, Community Impact, and Building Lasting Legacies

In this webinar, hosted by Eric Brotman and attorney and charitable advisor Shari Fleming, we explored strategies for charitable giving and estate planning with an emphasis on community impact and legacy.

Overview of Discussion:

The “Why” of Charitable Giving:
Both panelists shared personal stories illustrating why charitable giving is personally and communally significant. Shari spoke about the vital support she received from scholarships and her community, highlighting how collective generosity opened doors for her education and career. Eric broadened the discussion to include passing values to the next generation and addressing societal needs outside government intervention.

Key Charitable Strategies:
Eric and Shari explored several charitable giving vehicles:

Donor Advised Funds (DAFs): These accounts allow individuals to take an immediate tax deduction and then distribute gifts to charities over time. DAFs were praised for democratizing philanthropy, making it accessible to families at various income levels.

Charitable Trusts: Shari provided a detailed explanation of trusts, emphasizing the difference between charitable remainder trusts and charitable lead trusts and their appropriate uses. Eric followed up with real-world examples—like using appreciated stock and real estate—and discussed tax advantages and practical concerns.

Qualified Charitable Distributions (QCDs): Eric described how retirees could donate directly from their IRAs to charities, bypassing income taxes and satisfying required minimum distributions (RMDs).

Additional tactics included donating appreciated securities and naming charities as beneficiaries on financial accounts.

Estate and Legacy Planning:
Shari stressed the need for holistic planning that incorporates both family and charitable goals, advising individuals to regularly review their assets and intentions and to select trusted successors for managing charitable vehicles. Eric highlighted the importance of matching your mission (“why”), assets (“what”), and beneficiaries (“who”) in order to put an effective plan in place.

Key Takeaways:

Charitable Giving Is Personal and Transformative:
Philanthropy can change lives, grow communities, and instill important values in future generations. Anyone can participate, regardless of wealth.

Strategic Vehicles Amplify Impact:
Using donor advised funds, charitable trusts, and qualified charitable distributions can enhance tax efficiency and maximize donations.

Holistic Planning Creates Lasting Legacies:
Thoughtful estate and charitable plans allow individuals to support their families and the causes they care about, both during their lifetime and beyond.

Professional Guidance Is Essential:
Consulting with financial advisors, attorneys, and estate planners ensures that assets are used efficiently and intentions are clearly documented.

Regular Review and Communication Matter:
Plans should be revisited as circumstances change, and clear communication with charities is vital to ensure donations are used as intended.