Sophisticated Giving Strategies With Donor Advised Funds w. Jim Giese

A Donor Advised Fund (DAF) is a giving account established at a public charity that allows donors to make charitable contributions and receive tax deductions. DAFs are popular because of their versatility, which allows donors to give whenever and however much is most favorable to them. As we begin the new year, now is a perfect time to consider building a charitable legacy, and a donor advised fund can be a tax-efficient way to do just that. In this episode, Jim Giese, CPA, JD, and part of the healthcare tax team at Wipfli, will be joining the show to share his knowledge on donor advised funds and why you might want to consider doing this as a part of your financial plan. Listen in as Jim explains what you can use to donate to your donor advised fund (including stock, cash, etc.), as well as several planning ideas for you to discuss with your financial advisor. You will learn what donor advised funds will do if they don’t receive the number of donations they require, why you should only contribute long-term capital gains, and how to create a culture of generosity in your family.