At BDN Associates, we believe that charitable giving is a powerful way to make a meaningful impact while enhancing your overall wealth management strategy. We design charitable plans to help high net worth individuals and families achieve their philanthropic goals while optimizing the financial benefits of their giving.
Tailored Charitable Giving Solutions
We offer a range of services to ensure that your charitable contributions are both impactful and tax-efficient:
- Donor-Advised Funds: Donor-advised funds (DAFs) provide a flexible way to manage your charitable giving. We assist in setting up and managing DAFs, allowing you to make immediate tax-deductible contributions while distributing funds to your chosen charities over time. This approach offers both strategic flexibility and administrative ease.
- Charitable Trusts: Charitable trusts are powerful tools for achieving your philanthropic goals while providing financial benefits. We help establish charitable remainder trusts (CRTs) and charitable lead trusts (CLTs) that can generate income, provide tax deductions, and support charitable causes. Our team ensures that these trusts are structured to meet your objectives and comply with regulatory requirements.
- Gifts of Appreciated Assets: Donating appreciated assets, such as stocks or real estate, can offer significant tax advantages. We provide guidance on the process of gifting these assets, helping you maximize the benefits and streamline the donation process. This approach can reduce capital gains taxes and increase the impact of your charitable contributions.
- Establishing Charitable Foundations: For those looking to make a long-term impact, we assist in creating private charitable foundations. We provide support in structuring your foundation, ensuring compliance with IRS regulations, and developing a strategy for grantmaking and administration. This option offers control over your charitable activities and the ability to create a lasting legacy.
- Philanthropic Planning: We offer comprehensive planning services to integrate your charitable giving into your overall estate and financial plans. Our team helps you align your charitable goals with your financial objectives, ensuring that your giving strategy enhances both your legacy and your financial security.
Expert Guidance and Personalized Service
At BDN Associates, our experienced attorneys bring extensive knowledge of charitable planning and tax laws. We stay current with industry trends and regulatory changes to provide you with innovative solutions and expert advice. Our goal is to ensure that your charitable planning is executed effectively and in accordance with your wishes.
Why Choose BDN Associates?
- Customized Solutions: We tailor our charitable planning services to meet your individual goals and financial situation, ensuring that your charitable contributions are both impactful and beneficial.
- In-Depth Expertise: Our team has specialized knowledge in charitable planning, offering you valuable insights and effective strategies to achieve your philanthropic objectives.
- Client-Focused Approach: We prioritize your interests and work closely with you to develop and implement a charitable plan that reflects your values and supports your long-term goals.
