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Empowering Generosity: Crafting Your Family Giving Plan for a Brighter Future

Updated: Dec 15, 2023


a family together creating a family giving plan

Do you and your family want to make a positive impact in the world? Creating a family giving plan can not only help fund nonprofits supporting causes you care about but also bring your family closer together while optimizing tax strategies.


Discovering Your Family Giving Passion

Identifying causes that matter when crafting your family giving plan, start by identifying the causes that truly matter to your family. Discuss your shared values and passions, and explore charitable causes aligning with your vision. Focusing on what truly resonates with all family members will make your giving plan more meaningful and impactful.


Family Giving Strategies: Where to Give

Making informed decisions once you pinpoint the causes your family is passionate about, it's time to decide where to direct your giving. Consider whether you want to support local charities directly impacting your community or contribute to more significant international organizations to address broader global issues. Aligning your family giving plan with your chosen strategies will ensure that your contributions have a purposeful and lasting effect. With thoughtful family giving strategies, you can amplify your impact and create meaningful change together.


Maximizing Impact: Tax-Savvy Giving

Aligning philanthropy with financial goals as you build your family giving plan, explore various tax-savvy giving strategies to make the most out of your donations. Beyond traditional check writing, consider donating appreciated securities that support your chosen causes and offer capital gains tax benefits. Additionally, explore donor-advised fund programs that can provide immediate tax deductions while allowing your family to play a more active role in strategic philanthropy.


Uniting as a Family: Team Effort in Giving

Working together for lasting change, a family giving plan is a collaborative effort that can unite your family around shared values and common goals. By designating specific roles for different family members, everyone can feel involved and responsible for the impact your family makes. Engaging even younger family members in the process can be a valuable learning experience that instills a sense of empathy, financial literacy, and the importance of giving back.


Empowering Generosity through a Thoughtful Family Giving Plan

Charitable giving is not only about making a difference but also about building stronger bonds within your family. By crafting a family giving plan and implementing thoughtful strategies, you can make a lasting impact on the causes you care about while optimizing the benefits for your family and the communities you support.


For any inquiries on family giving strategies or maximizing the impact of your donations while capitalizing on tax efficiencies, contact us today.


Click here for a free ebook from us to learn more about Charitable Donations and Taxes.

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