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Charitable Giving

Connect With Tax Savings Through Charitable Giving

Charitable giving can help minimize taxes through gifts to qualified charitable organizations, either in your will or during your lifetime. The experienced team at St. Louis Retirement Advisors can balance your income and estate planning needs with the tax benefits and enjoyment of giving during your lifetime.

Smart Strategies for Charitable Giving

Consider these common ways to help reduce the taxable estate while supporting the causes you care about:

Charitable remainder trusts

These trusts allow you to name a beneficiary that receives payments for a designated period. The remainder of the account goes to the charity of your choice.

Retirement accounts

You can name a charitable organization as the beneficiary of a retirement account such as an IRA. A tax-exempt organization can withdraw the remaining funds after your death without paying income taxes on the balance.

donor Advised funds

Let us help you maximize your charitable giving while potentially reducing your tax liability through the use of a Donor Advised Fund.

The appropriate method of charitable giving varies based on your lifestyle in retirement, desired beneficiaries, and many other factors.

This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.

LPL Financial Representatives offer access to Trust Services through The Private Trust Company N.A., an affiliate of LPL Financial.

Leaving a Lasting Legacy

This ebook explores charitable foundations with the goal of creating a legacy to last well beyond a single lifetime.

Access to Personalized Professional Guidance

When you're ready to create a charitable giving plan that incorporates these and other strategies, connect with St. Louis Retirement Advisors. Contact us today to schedule an appointment with your knowledgeable personal advisor.

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