Case Studies: Year End Tax Planning

Scenario

A financier who lives in Rowayton just earned a significant year-end bonus.

He wants to donate a large percent to charity, but has no time before December 31 to research individual nonprofits beyond his alma mater.

Solution

Receive an immediate tax deduction by establishing and naming a donor advised fund.

We can work with your client to identify excellent nonprofit organizations in Fairfield County that match his charitable interests. He can recommend that his fund award grants to nonprofits he selects, whether they are in Fairfield County or beyond at his convenience.

In subsequent years, he can continue contributing year-end bonuses to the fund, and recommend grants.

Contact Us to Get Started

To learn more about specific solutions for your clients' charitable giving, contact Juanita T. James, President & CEO, at 203.750.3200.