For HNW clients, charitable giving is an integral part of a comprehensive wealth strategy.
With younger generations, like HNW Gen X and Millennial investors, increasingly prioritizing giving, a well-planned strategy becomes even more crucial.
HNW donors can save on capital gains taxes and receive an income tax deduction by donating appreciated securities.
The pandemic has amplified the significance of charitable giving.
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The United Nations Framework Convention on Climate Change is setting up its new Green Climate Fund to “provide support to developing countries to limit or reduce greenhouse gas emissions.”