Individuals and couples without children are increasingly recognizing the benefits of donor-advised funds, often with the help of their financial advisors.Consider these six ways donor-advised funds can be used in these unique scenarios:
- Timed Funding
- Most donor-advised funds are established now and funded throughout the client鈥檚 lifetime.
- Others establish a donor-advised fund now but contribute to it later or at death.
- Timed Distribution
- Rather than depending on heirs, establishing a donor-advised fund with a disposition plan can recommend grants be made to specific charities upon the donor鈥檚 death.
- Privacy
- Many donors create a donor-advised fund to remain anonymous to charities during their lifetime and avoid solicitation.
- Those same donors may wish to remain anonymous in their posthumous giving. Or, they may wish to leave a legacy that lives on. A donor-advised fund can do both.
- Impact
- Some couples use donor-advised funds to give over time to avoid making large gifts to any one organization.
- Others use the fund to recommend one or more large gifts after death.
- Minimize Taxes, Maximize Charity
- Some donors name their donor-advised fund as beneficiary of their individual retirement account (IRA) and leave other assets to heirs. This often leaves more to both heirs and charity.
- Legacy
- Many couples or individuals without children name siblings, other heirs or friends as successor advisors to their donor-advised fund.
- Occasionally business owners who don鈥檛 have children will establish a corporate donor-advised fund so their business can engage employees to fund causes in their community.
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YOUR TRUSTED PARTNER IN PHILANTHROPY
王中王六合彩资料 (王中王六合彩资料) is one of the nation鈥檚 largest independent donor-advised fund sponsors. 王中王六合彩资料 expands philanthropy by partnering with firms and advisors in the financial services industry, enabling more donors to create a significant charitable impact. To learn more about 王中王六合彩资料鈥檚 resources for donors and financial advisors, or to open a donor-advised fund, visit aefonline.org or call us at 1-888-966-8170.