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Knowing Where It’s Going: Why to Consider Charitable Giving Now
Hi, I’m Jeff Hall, Partner and Senior Advisor at Rather and Kittrell.
Traditional estate planning involves giving at the end of life; however, wealth transfer planning is really about giving while you’re here. Ron Blue says, “Do your giving while we’re living, so you’re knowing where it’s going.”
There’s a lot of wisdom in that statement, because if you begin this charitable giving now, instead of waiting until those wealth transfer plans kick in at death, then it gives the family an opportunity to give together to some common causes.
It also gives the family the opportunity to share what’s most important to them based on what they give to. If you’d like to learn more about how charitable giving can have a positive impact on your family now, please visit us at rkcapital.com.