Phone: (253) 848-2840

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  • The Journey

    “If you don’t know exactly where you’re going, how will you know when you get there?” 


    Steve Maraboli, Life, the Truth, and Being Free


  • Integrity

    "The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively."


    Bob Marley 

  • Team Work

    "Teamwork divides a task and multiplies the success."


    Author Unknown

  • Imagine

    "Life is art.
    Life is beautiful.
    Life is love.
    Life is all you can…


    Author Unknown

  • Quality of Life

    "The greatest day in your life and mine is when we take responsibility for our attitudes. That’s the day we truly grow up."


    John C. Maxwell

Charitable Planning

This is one of our firm’s most enjoyable planning areas, but at the same time one of the most difficult for clients.  For many clients, they would like to give to charities, but they also want to make sure that they first do not run out of income for themselves or their children.  This type of planning can be one of the most thrilling for our clients.  Giving to others provides a great sense of gratification and deep satisfaction.

As you can see from our Giving Back tab, we as a firm enjoy giving to charities.  We look for charities involved in our areas of concern who exercise good stewardship in the use of the dollars given to them. 

So how would someone consider leaving assets to a charity?  As a general rule, outright gifts to charity at death are deductible without limit and reduce the taxable estate.  Charitable Planning is also used in giving to a charity while the client is still living where a client not only has the asset removed from their estate but also has the potential for an income tax deduction as well.  In that case, we look at using different tools to effectively fulfill a client’s goals.  We could use any of the following:

  • Charitable Remainder Annuity Trust
  • Charitable Remainder Unit Trust
  • Charitable Lead Trust
  • Designation/Distributions of/from Qualified Retirement Plans
  • Gifts of Life Insurance
  • Donor Advised Fund (a Charitable Bank Account which allows you to make gifts or grants from your account  )
  • Endowment Funds
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