Charitable Planning
Many people like to fulfill their philosophical and charitable desires through their financial accounts
Jessup Wealth Management’s charitable planning helps clients support the causes they care about while aligning giving with their overall financial and tax strategy. Their approach coordinates charitable goals with retirement income, estate considerations, and tax-efficient gifting methods to make generosity more impactful and sustainable. By planning thoughtfully, they aim to help clients give with purpose today while creating a lasting legacy for the future.
This is certainly a popular practice among our clients. In some instances, there are more tax-efficient ways than writing a check to fulfill your charitable desires. We possess the resources necessary to fulfill philanthropic and charitable donations through the following vehicles:
- Charitable remainder trusts
- Charitable lead trusts
- Private foundations
- Donor-advised funds
- Donating highly appreciated stock from taxable investment accounts
- Satisfying required minimum distributions from retirement accounts by giving to charity
