You may be hearing a lot about Donor-Advised Funds (“DAFs”) – a hot topic right now in the philanthropic sector. DAFs offer high net worth individuals estate and tax planning advantages, while avoiding the startup costs and administrative expenses of opening a small private foundation. Our friends over at Hoover Financial have published a blog outlining ways donors can improve their charitable giving through donor-advised funds that we feel is worthy of sharing. View the blog here, and as always, feel free to contact us with any questions on the tax implications of different types of charitable contributions.

-Nick Ciocca


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