Philanthropic Planning

This decade has seen a big rise in charitable giving, and philanthropic planning by the wealthy individual. Whilst foundations, charitable trusts, wills, and wealth management are still the core tools in this area, the activity also involves working with the family, with other donors, sourcing charities, distributing funds, monitoring distributions and eventually reviewing the impact of a donation. Consideration of the tax aspects will also be needed in both the giving and receiving jurisdictions.