After clients accumulate assets, achieve financial independence, and satisfy family needs, they often turn their focus to charitable activities. We work closely with our clients, their attorneys, CPAs, and other resources in the community to explore and define their charitable gifting programs.
We might work with clients to define the appropriate level of annual charitable gifts, after taking into consideration their overall assets, personal requirements, and income tax profile. Frequently, clients seek objective advice in deciding a reasonable amount for their annual charitable gift budget. When clients have substantial appreciated assets, more elaborate approaches, for example charitable remainder trusts, could be utilized.
Often clients are interested in discussing personalized gifting approaches and inquire about private foundations, supporting organizations, or donor advised funds. Atherton Lane Advisers, LLC® has experience with all of these approaches and vehicles. We also assist with the appropriate asset transfers to assure that the desired outcome is achieved. Complicating issues can arise when real estate or private securities are involved. In these cases appraisers and valuation consultants may be included in the team to prepare detailed analyses and to assure compliance with specific IRS requirements.