Once a client has decided to make a donation to an organization, it's tempting to think that the advisor's role in supporting the client's philanthropy is over.
That's far from the case, says Marguerita Cheng, CEO of Blue Ocean Global Wealth in Rockville, Md. Strategies and gift giving can take many forms -- unappreciated stock, charitable lead trusts, charitable remainder trusts and charitable gift trusts, for starters--and "clients need to constantly reevaluate them," Cheng says. That's especially true given that pledges made to charities are often not fulfilled until far in the future.
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