Charitable giving is all about feeling like you’re making a difference in the world. Donor advised funds (DAF) are a beautiful, tax-efficient way to do that.
If clients are giving $2,000 a year or more of cash in charitable donations and have appreciated long-term gain securities, they might be a very good candidate for a DAF.
I was asked to share my experience in this area with 4,400 clients and 1,500 financial advisors, in the publication “The State of Giving” and in a blog post for Raymond James Charitable.
Laura, the founder of LWP, is a Senior Wealth Manager, Chief Investment Officer and Shareholder. She has a master’s degree in tax and is an excellent listener. While she is a sophisticated financial planner with experience in complex issues, her priority is ensuring a financial plan works for people.
