Advisors

IMG_0269As an attorney specializing in estate planning, Kelly Holloway gets to know her clients’ values.  “My clients tell me what they live for and what they want to leave behind.  AACF is a powerful ally for creating a legacy.”

We can help you meet your clients’ charitable giving goals…

AACF is a local, flexible, tax-advantaged vehicle for passionate donors to leave a permanent legacy without losing control of the direction of their philanthropy.  We handle contributions, manage assets, and facilitate grantmaking to help your client impact the issues they care most about, for generations to come.  We work with you to broaden the services your clients receive from you.  Many of your clients are searching for a way to give back to the community, to memorialize a loved one, or simply do good. AACF will help you expand the menu of services available to your clients for charitable and financial planning:

Strategic Giving
Your client is passionate about a specific community issue and wants to make a meaningful gift. You and your client can work with our grantmaking experts to understand relevant programs and then direct gift dollars to make the greatest impact.

Leaving a Legacy
You are aware of significant tax advantages your client will achieve by including a charitable provision in his or her estate plan. Your client’s bequest can create a fund that will contribute forever to causes that are important to them. AACF can help your client identify what he or she wants to accomplish and help you maximize the tax benefits of the bequest.

Year-end Tax Planning
Your client just earned a large bonus or his/her business created extraordinary profits. He or she wants to share his/her good fortune with the community, but has little time at year’s end to decide on how to maximize the impact of such good fortune. You can recommend establishing a Donor Advised Fund within the Community Foundation, realizing an immediate tax deduction, and having the opportunity to seek advice regarding the most effective use of their charitable assets. Actual grantmaking can be done at the convenience of your client.

Gifts of Highly Appreciated Stock
Your client has appreciated stock and wants to use a portion of the gains for charitable giving, but the intended charitable beneficiaries are not equipped to process direct stock gifts. You can suggest establishing a fund at AACF with the stock. Your client may realize a tax deduction for the full market value, while avoiding the capital gains tax that would otherwise arise from the sale of the stock. Your client can even be involved in recommending uses for the gift, including the organizations and programs he or she cares about most. Closely-held stock can also be used as gift property.

Retiring in Comfort
Your client has always been charitably inclined but doesn’t want to forego income from appreciated assets he/she has accumulated. AACF can show you how charitable gift annuities or charitable remainder trusts can help your client achieve charitable objectives while also preparing well for retirement.

Substantial IRA/401K Assets
Your client wants to leave his or her estate to community and family, and has substantial assets in retirement accounts. AACF can help you and your client evaluate the most beneficial asset distribution to minimize taxes, thereby giving more to his or her heirs and still achieving significant charitable objectives. For example, it is usually more tax advantageous for a donor to give retirement assets to charity and other assets to heirs because income (and possibly estate) taxes often dilute the value of an IRA or other retirement asset left to an heir.

Sale of a Business
Your client owns highly appreciated stock in a company that is about to be acquired. AACF can work with you to suggest several ways to structure a charitable gift (including the use of planned giving techniques) to help your client reduce capital gains tax and maximize impact to the community.

Alternatives to a Private Foundation
Your client has the wherewithal to establish a private foundation, but is looking for a simpler, more cost-efficient alternative. The Community Foundation can help you and your client analyze the possible advantages of creating a Donor Advised Fund.