Philanthropic Planning

Philanthropic Planning

Philanthropic planning is the process of strategically allocating assets and funds toward charitable organizations. A comprehensive plan for philanthropy should be integrated into your financial plan.

Philanthropy is a noble goal. Mountain Sunset Financial can assist you in getting your valuable assets to the charities and non-profits that you want. In most cases, philanthropy can be used to minimize your own taxes. If done correctly, charitable giving can be done tax free.

Philanthropic Planning Services We Offer

We encourage you to think beyond cash. Cash giving is the most common way to give to a charity, but there are ways that you can potentially give a bigger gift to charity while enjoying a tax benefit for yourself. As one example, you can give publicly traded appreciated securities that you have owned for more than one year. Donating these appreciated securities is generally a good idea because you may be entitled to the fair market value (FMV) of the gift as a tax deduction. You may also be able to eliminate capital gains taxes.

Mountain Sunset Financial is a leader in philanthropic strategies to maximize the gift and minimize taxes. We can advise you on a variety of strategies to effectuate your charitable goals, including donor advised funds, annual exclusion giving, gifting of appreciating assets, and charitable trusts.

Let Mountain Sunset Financial help you get this done as part of an integrated financial plan.