Charitable Planning Myths

Myth #1

Family is the first priority – Don’t assume anything; make it part of the discussion.

Myth #2

Philanthropic Planning is only for the charitably inclined – Just because they have not donated before does not mean they would not be open to a “leaving a legacy” discussion.

Myth #3

Tax Deductions are the key motivator – Polls show that this is only a minor, additional incentive.

Myth #4

Charitable planning is just for the elderly – Data shows a high use of charitable planning tools by those under age 45 as well.