Philanthropy

Thomas Lee, the creator of the GIVE Strategy, explains how you can use the new tax deal to grow your practice.

Potential tax increases influence timing and structure of gifts but not so much the amount, according to Bank of America’s study of High Net Worth Philanthropy

Baird's director of estate planning reminds clients that just because they can make large tax-free gifts this year, doesn’t mean they should.

Having trouble convincing your clients to think charitably? If so, you might want to mention that a number of studies have shown that people who give to causes they believe in find that doing so feels good, really good, according to Eileen Heisman, president and CEO of the National Philanthropic Trust in Jenkintown, Pa, which manages donor-advised funds.

These record levels are expected to continue through the end of the year as individuals and their advisors seek to meet charitable giving priorities while also navigating the uncertain outlook for taxes given the expiration of the Bush-era tax cuts at year’s end, according to Schwab.

Want to have deeper conversations with your clients? Start talking about philanthropy, says one expert.

Research tells us that 90% of heirs will reject their parents’ advisors, and 70% of widows will change advisors after their husband’s death. Can you afford that level of loss?

Anthony DeChellis, Credit Suisse's CEO of Private Banking Americas, has big plans for hiring and expanding assets.

High net worth individuals are relying more on advisors and structured products to reach philanthropic goals, according to Bank of America commissioned study.

Most Americans, 81%, say they plan to give the same or more to charity this year, up nine and 18 percentage points from 2011 and 2010, respectively.

A sign of confidence in the economy and charitable values, more than three-fourths expect to continue or increase giving by 2017.

As the baby boomer generation closes in on retirement, many are preparing to give a substantial portion of their wealth on charitable causes.

CPA teaches other accountants to also become planners.

Financial Planning and the Foundation for Financial Planning recognize life-changing volunteerism with the 2nd annual Pro Bono Planners of the Year Awards.

FP's Pro Bono Planners of the Year Awards celebrate the idea that planning is worth sharing.

Financial Planning and the Foundation for Financial Planning recognize life-changing volunteerism with the 2nd annual Pro Bono Planners of the Year Awards.

Did you ever wonder why the word "billion" seems to elicit a terrible feeling in your gut? Do you remember when a billion dollars seemed like so much money it was unattainable? Do you remember when a millionaire was considered really wealthy? Now, a millionaire is not rich and a billionaire must have done something evil to become one.

It's easy to underestimate how important philanthropy is to clients.

Advisors significantly underestimate how many of their wealthy clients contribute regularly to charities and how much they give. This gap represents a missed opportunity for their clients whose charitable contributions would go much further if they were better integrated into their overall financial planning.

Advisors significantly underestimate how many of their wealthy clients contribute regularly to charities and how much they give. This represents a missed opportunity for everyone.