November 19, 2015

When it comes to philanthropic planning, advisors want donors to act. The use of philanthropic planning strategies1 can help donors give more money to the organizations that they want to support, as well as save donors more in taxes. However, donors often become overwhelmed by planning advice, which paralyzes them from a planning perspective. As a result, they may end up doing nothing at all. To exponentially increase the likelihood that donors will implement a philanthropic plan, advisors must: (1) determine what donors actually need and want; (2) communicate solutions in a way that donors will understand; and (3) encourage donors to take action. To accomplish those objectives, advisors should follow a three-step process that focuses on...
Unlock All Access Premium Subscription
Get Trusts & Estates articles, digital editions, and an optional print subscription. Choose your subscription now and dive into expert insights today!
Already Subscribed?
About the Author
You May Also Like