Leaving a lasting legacy for the causes that matter most to you.
At Sonmore Financial, we know the importance of giving back. Cooperating with our network of legal and tax professionals—or working with your own trusted advisors—we can help you design and implement the right structures and vehicles to ensure that your philanthropic and charitable legacy is secured. From donor-advised funds to trusts, from strategically designed gifting agreements to charitable foundations, we can help you design your vision for the future with confidence. After learning all we can about your priorities and goals, we can then guide you toward the solutions that will most efficiently meet your wishes.
Sometimes it's more efficient for our clients to give non-cash assets but it is often complicated for charities to accept this type of donation. Donor-advised funds make it possible to transfer assets like stock, cryptocurrency, or mutual funds to charities of your choice. At Sonmore, we can help you support your charities in smarter ways and help maximize your current charitable strategy with a donor-advised fund.
Determining the best charitable giving strategies helps you realize and broaden your philanthropic intent through tax-advantage options. We look at your charitable goals and objectives and help define the best approach to give.
This strategy is something that should be considered for those looking for a way to do good while reducing the tax burden of required minimum distributions (RMDs) from your IRAs. Congress made permanent the qualified charitable distribution (QCD) rule, which allows you as a traditional IRA owner to exclude RMDs from your adjusted gross income if you give the money to a qualified charitable organization. Ultimately, this is a long-term tax strategy that could lower your taxes while doing good in the world.
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Whether you are building assets for the future or seeking to protect, enjoy and pass on those you already have, Sonmore Financial provides the sound, professional counsel to help you get there, with confidence. Learn more about what you can expect in the first 90 days with our team.
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The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
Advisory services offered through Sonmore Financial, LLC, a Registered Investment Advisor in the State of Arizona.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.
