5 Effective Charitable Giving Tax Strategies for High Net Worth Individuals
When many people think of making a charitable donation, their mind immediately goes to pulling out the checkbook to make that gift. However, there are other methods that can be tax efficient for high net worth individuals, making them a “win-win” for the charity and the executive. Here’s a closer look at five charitable giving tax strategies to consider. When implemented with an experienced wealth manager, these strategies can help you to maximize your charitable donation and lessen your tax burden at the same time.