From major life transitions to the small moments in between, financial advisors can be there for every step along the way. Many clients lean on financial advisors to seek guidance in growing their wealth for personal life experiences, but also to use it to better the world around them. Among the different types of charitable investment accounts available, donor-advised funds …
If you’re stepping into retirement, you might be asking yourself, “What’s next?” Many donors we meet at Greater Horizons already have their answer. They’re pivoting from their working years to their giving years. Some might establish a donor-advised fund. Others dedicate more time to volunteering. Those who are at least 70 ½ years old have another option, as they may …
It’s giving season! As we approach the end of the year, our team at Greater Horizons is all-in to help philanthropists establish new charitable funds, contribute to their funds and process year-end grants to nonprofits. Here are our tips for giving this year-end. Opening a New Charitable Fund at Greater Horizons We’re here to help donors open new donor-advised funds …
A donor-advised fund is a charitable investment account that allows donors to organize and optimize their giving potential. Although donor-advised funds have been around since the 1930s, they have become the fastest-growing charitable giving vehicle in the United States in recent years. Let’s explore four key benefits that make donor-advised funds at Greater Horizons a popular choice for individuals, families …
If you own a private company, you might have a long list of things that keep you up at night. After you tick through budgets, employees, customers and competitors, is your exit strategy at the bottom of the list? If you’re not a late-night worrier, maybe you spend your nights dreaming of retirement, knowing that you’re working hard now to …
For those with highly appreciated assets and a desire to receive an income stream while mitigating taxes and supporting a charitable organization, a charitable remainder trust (CRT) might be the solution. A CRT is a “split-interest” giving arrangement, allowing philanthropically minded people to support their charitable goals, yet they or their beneficiaries receive income from the trust. Once the distributions …
With a donor-advised fund or other charitable investment accounts, you can easily set aside gifts of cash and publicly traded securities for your immediate or long-term grantmaking. Our team at Greater Horizons is equipped to handle more complex gifts to donor-advised funds, too, which means you can consider your full financial portfolio for your philanthropy. In this short video, President …
Your clients have worked hard to establish their charitable giving goals, and having a succession plan for their donor-advised funds is one way for them to pass those assets on to their heirs or charitable organizations. Many donors choose to involve their children and grandchildren in their giving, creating philanthropists for future generations. If charitable giving is a part of …
