Making the Most of Your Charitable Giving

Americans gave a record $471 billion to charities in 2020, according to the latest data available. But how many considered maximizing their tax savings as they made their gifts?

We believe charitable giving and a personalized tax strategy go hand-in-hand. For that reason, the Adviser
Investments financial planning team is always happy to review the tax implications of any philanthropic plan our clients wish to implement.

Three main benefits to planning ahead:

• Maximizing Your Impact. Developing a charitable plan, rather than following a one-off gifting approach, can increase your giving and reduce your taxes.
• Building Your Legacy. Involving your family in your philanthropy early can build a legacy of giving for generations to come.
• Giving Wisely. Evaluating charities ahead of time will lead to more educated, impactful giving over time.

Deciding on the best way to give doesn’t have to be a challenge, but it can be. At Adviser Investments, we work with you to discuss your giving options and determine what’s best suited to your goals. Here are some strategies for getting the most out of your charitable giving.