In this episode, Jerry Davidse discusses the benefits and workings of donor-advised funds (DAFs) for charitable giving, especially as the year-end approaches. He explains how DAFs can simplify and enhance the effectiveness of charitable contributions, offering immediate tax deductions and investment growth opportunities.

Key takeaways:

• Donor-advised funds simplify charitable giving.
• DAFs offer immediate tax deductions.
• Investments in DAFs grow tax-free.
• DAFs allow flexible grant payouts.
• Batch multiple years of contributions with DAFs.
• DAFs are ideal for high-income years.
• DAFs provide a single annual statement.
• No need to save donation receipts with DAFs.
• DAFs benefit both donors and charities.
• Discuss DAF benefits with financial advisors.

#donoradvisedfunds #charitablegiving #taxdeduction #Fidelity

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Connect With Jerry: Jerry Davidse, CFP®

CEO, Presilium Private Wealth

Email: jerry@presiliumpw.com

LinkedIn: https://www.linkedin.com/in/jerrydavidse/ Meet Jerry: https://www.presiliumpw.com/team_member/jerry-davidse-cfp/#bio

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This Video is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase any security or investment product or services.

The content of this Video is provided solely for your personal use and shall not be deemed to provide access to any particular transaction or investment opportunity. Presilium Private Wealth does not intend the information in this Video to be investment advice, and the information presented in this Presentation should not be relied upon to make an investment decision.

Any third-party information contained herein was prepared by sources deemed to be reliable but is not guaranteed. Investment advisory services are offered through Presilium Private Wealth, a SEC Registered Investment Adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser or investment adviser representative has attained a particular level of skill or ability. Additional information about Presilium Private Wealth is also available on the SEC’s website at www.adviserinfo.sec.gov.