Did you know that 26% of taxpayers itemize charitable deductions on their tax returns? And yet, most advisors don’t ask their clients if they want to include it in their financial planning. How unfortunate! There are many financial benefits for giving, but mostly … it’s good for the heart. MacKenzie Scott (ex-wife of Jeff Bezos) donated nearly $6 billion to about 500 nonprofits last year! Most of us aren’t at that level of giving, but we can have the same intention and plan just as carefully.
Today, Dennis and Heidi will discuss the 8 Types of Charitable Giving and share personal stories of how giving has affected them personally.