Great Lakes Wealth’s Post

As we approach year-end, consider the tax advantages of charitable giving! Contributions made by December 31st can help reduce taxable income. Options like donor-advised funds offer flexibility and make a lasting impact. At Great Lakes Wealth, we’ll help you create a giving strategy that aligns with your financial goals and passion for giving back. Make your generosity work for both you and the causes you care about! Ready to get started? Connect with us: ➡️ www.greatlakeswealth.us #greatlakeswealth #CharitableGiving #YearEndPlanning

🎁 As we approach year-end, it's the perfect time to consider your charitable giving! Investing in causes you care about can maximize your impact and provide tax benefits. Let's make a difference together! 🌟 #EndOfYearGiving #WealthManagement

🎁 As we approach year-end, it's the perfect time to consider your charitable giving! Investing in causes you care about can maximize your impact and provide tax benefits. Let's make a difference together! 🌟 #EndOfYearGiving #WealthManagement

Tomorrow is #GivingTuesday! Remind your clients with #DonorAdvisedFunds to make the most of this global day of giving. With a DAF from Renaissance Charitable, your clients are prepared to make an impactful difference while enjoying flexibility and tax benefits. If your clients don’t yet have a DAF, now is the time to start the conversation. We recommend opening a donor-advised fund no later than December 16 to ensure they can maximize their year-end giving. Don’t let this opportunity pass—start the conversation today to ensure their DAF is funded and ready: https://bit.ly/40ZzL32

Charitable giving can be a powerful part of a client’s legacy, bringing both impact and tax benefits. For those unsure of when or where to give, donor-advised funds (DAFs) offer a flexible, straightforward option. In the latest episode of Legacy Planning, Once Removed, McGuireWoods associate Hunter Glenn breaks down how DAFs work, their benefits, and some key limitations to consider for clients exploring ways to make a lasting impact on causes they care about. https://lnkd.in/gmgm4DHY #CharitableGiving #LegacyPlanning

This holiday season, consider giving a gift that creates a lasting impact. By making a charitable contribution in a loved one’s name, you're not just supporting causes that matter—you’re giving the gift of purpose and generosity. This meaningful gesture honours those you care about while making a difference in the world. For guidance on how to incorporate charitable giving part into your financial plan, consult with a financial planner to ensure your contributions are both impactful and tax-efficient. Ready to make a difference? Contact Morson Carson Wealth Counsel today to get started: https://lnkd.in/gdEk_pcn #FinancialPlanning #CharitableGiving #TaxEfficientGiving #HolidayGifts #MorsonCarson

This holiday season, consider giving a gift that creates a lasting impact. By making a charitable contribution in a loved one’s name, you're not just supporting causes that matter—you’re giving the gift of purpose and generosity. This meaningful gesture honours those you care about while making a difference in the world. For guidance on how to incorporate charitable giving part into your financial plan, consult with a financial planner to ensure your contributions are both impactful and tax-efficient. Ready to make a difference? Contact Morson Carson Wealth Counsel today to get started: https://lnkd.in/g-FMnxnE #FinancialPlanning #CharitableGiving #TaxEfficientGiving #HolidayGifts #MorsonCarson

This holiday season, consider giving a gift that creates a lasting impact. By making a charitable contribution in a loved one’s name, you're not just supporting causes that matter—you’re giving the gift of purpose and generosity. This meaningful gesture honours those you care about while making a difference in the world. For guidance on how to incorporate charitable giving part into your financial plan, consult with a financial planner to ensure your contributions are both impactful and tax-efficient. Ready to make a difference? Contact Morson Carson Wealth Counsel today to get started: https://lnkd.in/gfzz9sh5 #FinancialPlanning #CharitableGiving #TaxEfficientGiving #HolidayGifts #MorsonCarson

Did you know consolidating multiple years’ worth of your intended charitable contributions into one tax year could help you maximize your deductions? Year-end is a great time to consider bunching your charitable giving, because: ► You will have clarity on your tax situation so you can make an informed decision on whether you can benefit from bunching. ► You can leverage appreciated asset donations to achieve your consolidated contribution and for additional tax relief. ► Your year-end gift can grow tax-free in a donor-advised fund. Learn how bunching can make your giving more impactful and tax-efficient: https://lnkd.in/egSiNqte #YearEndGiving #TaxBenefits #CharitablePlanning #DonorAdvisedFunds #Philanthropy

True wealth isn’t just about accumulating assets—it’s about creating a lasting impact. For high-net-worth individuals, philanthropy can be a powerful tool that aligns with both your financial goals and personal values. Strategically planned charitable giving can offers tax advantages, like deductions and tax-free growth through Donor-Advised Funds or Charitable Remainder Trusts. These strategies can reduce your taxable income while supporting causes close to your heart. Most importantly, philanthropy strengthens your legacy, ensuring that your wealth continues to benefit the causes and communities that matter most to you for generations to come. #Philanthropy #LegacyBuilding #WealthManagement #FinancialPlanning #GivingBack #TaxStrategies #CharitableGiving #ImpactInvesting