The expiration of the Tax Cuts and Jobs Act (TCJA) in 2025 will reshape charitable giving strategies. With Adjusted Gross Income deduction limits reverting and standard deductions decreasing, many donors will lose key tax incentives unless they act now. Wealth Managers must help clients navigate this transition and maximize their philanthropic impact while tax benefits remain.
This whitepaper provides a roadmap covering the following:
- The impact of TCJA changes on charitable deductions and estate planning
- Strategies to leverage donor-advised funds, charitable trusts, and endowments
- Steps advisors can take now to help clients secure tax-efficient giving strategies
The opportunity to optimize tax benefits through philanthropy is closing. Ensure your clients have a plan in place before 2025 ends.
