Updated Monday, April 21, 2014 as of 5:42 AM ET
Signs Your Clients Need Help With Charitable Planning
Charitable donations typically drop off after a surge at the end of the year.
Though donors often question why they wait until the end of the year to make their donations -- and vow to do so earlier in subsequent years so they can be more strategic and proactive in making charitable giving decisions -- this goal may be a bit difficult to achieve since they donate for several key reasons at the end of the year:   more »
More in Philanthropy
James E. Stowers Jr., who built a billion-dollar fortune as founder of the American Century Investments mutual fund company, then gave most of it away for medical research, has died. more »
Schwab reported $742 million in donations to charities for 2013, a 36% increase compared to 2012 and its largest percentage jump in more than five years. more »
The Foundation for Financial Planning has named four new members to its board of trustees. more »
Almost half (46%) of advisors believe their clients donate to charity to reduce their taxes, when in fact only 10% do. more »
Most advisors offer their services to the wealthy. The people honored here provide planning help to clients who can least afford it - and need it most. more »
Among the very wealthy, family foundations long have been a common vehicle for charitable giving. However, more families than ever are skipping foundations altogether in favor of simpler and cheaper donor-advised funds. more »
“People are starting to think more strategically about giving,” says Schwab Charitable President Kim Laughton. “It really started last fall. What’s nice is it’s continuing this year.” more »
William F. Austin founded the Starkey Hearing Foundation in 1984 with the premise: “Alone we can’t do much, but together we can change the world.” Although hearing loss affects 63 million children worldwide, many do not have access to hearing devices. Starkey Hearing Foundation fits and gives more than 100,000 hearing aids annually, and as a member of President Clinton's Global Initiative, it has pledged to fit one million hearing aids this decade. Here’s how one advisor encourages philanthropic efforts of his clients by being a philanthropist himself.

Read More: How One Advisor Helps Clients Give Back

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Charitable lead annuity trusts have become even more attractive because of a recent U.S. Tax Court ruling. more »
Karla D'Alleva Valas, a managing director of the Complex Asset Group for Fidelity Charitable, says she cringes during her church's services when congregants drop envelopes of what she assumes is cash into the donations basket. Why? Cash is expensive, she told advisors at the Women Advisors Forum in Dallas on Thursday. more »
Financial advisors underestimate their clients’ interests in philanthropy, and consequently miss out on opportunities to tap into those passions and expand those relationships. more »
The Financial Planning Association and the Foundation for Financial Planning are joining forces to boost the organizations’ pro bono efforts. more »
The Internal Revenue Service is warning potential donors to beware of charity scams operating in the wake of the explosions last week at the Boston Marathon and a Texas fertilizer plant. more »
Advisors on the Move: Cambridge Snags $500 Million Team

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