As a professional advisor, you can help your clients realize their charitable objectives by listening for giving opportunities, explaining options, and suggesting solutions.
Your greatest opportunities to help your clients maximize the personal benefits of giving occur when they are making major business, personal, and financial decisions, such as:
- Estate planning
- Writing or revising a will
- Sale of a business
- Sale of commercial real estate
- Retirement planning
- Experiencing a financial windfall such as an inheritance, merger or large bonus.
The following scenarios suggest a handful of ways in which the Maine Community Foundation works with advisors to develop a plan for a client.
We invite your suggestions of additional approaches.
Read more about the need to create a trust or focus on planned giving: The option of doing something charitably significant with an estate is a change from previous generations, reports The New York Times.