What is the best approach to charitable gifting?
A hallmark of the American way of life is the propensity to voluntarily share prosperity with others. While philanthropy certainly motivates giving, so do the personal financial benefits that accompany it. As an essential part of a financial plan, charitable gifting not only grants the personal rewards of giving and the ability to select the charity that will benefit from the gift, but it also grants the tax advantage of a charitable deduction, which lowers one’s taxable income.
