Creating a Charitable Giving Plan

As with any worthwhile endeavor, thoughtful planning should be an important part of your charitable giving. Professional advisors can be valuable guides in helping you plan and execute your giving. They can provide information on your giving options and how these options will work in your specific financial situation.

To better determine how you would like to structure your giving plan, ask yourself the following questions. Your honest and thoughtful responses will help you develop a giving plan that reflects your life’s experiences, values, goals and passions.

Giving Questions:

Why are you interested in charitable giving?

What would you like to accomplish with your giving?

How much money do you want to commit to your philanthropy during your lifetime? After your death?

Do you want to involve others in your giving?

Do you need income from your financial assets now? What are these needs?

Would you like your charitable giving to be part of your retirement planning?

How have you given to charity in the past?

Are there time sensitive tax considerations influencing your giving decisions?

How would you like to be involved in, or manage, your giving?

Creating a giving plan is a process of understanding what you love and are concerned with and combining those issues with your own values, money and time. It is also about choosing initiatives, leaders and non-profits whose missions align with the changes you want to see.

There are professionals in Nevada that are experts on all facets of charitable giving who are ready to help you build a corporate or personal giving plan.