Charitable Planning

Estate planning is a critical—and sometimes emotional—component of your overall financial plan. Charitable planning is one way you can use your estate plan to leave a legacy by supporting your passions and helping change the world.

Tax efficiency, simplicity and flexibility make naming a charitable organization a great starting point. Boulay offers practical strategies and services designed to help business owners, executives, entrepreneurs and wealthy families effectively implement a charitable giving plan, meet legacy goals and utilize tax benefits.

How we help you get there

You may choose to designate a charitable organization as the beneficiary of your IRA or retirement plan, such as a 401(k) or 403(b). This giving option is tax-deductible and ensures that the charity will not have to pay income tax on the money received.

Wills can be amended to incorporate charitable bequests. The will can designate a charitable gift of a specific dollar amount, a percentage of an estate or a combination of the two to specific charities or types of charities.

Charitable trusts can be established to “lock in” certain economic benefits and tax savings. It helps the grantor reduce his or her taxable estate by transferring assets out of the estate with the goal of using them for charity.

Boulay’s charitable giving experience provides you confidence knowing that your legacy will be carried through successfully during your lifetime and leaves a guiding hand for future generations.

Request a Meeting

Boulay’s advisors can help you effectively implement your charitable giving plan. Let us take care of the complex portion of the planning so you can enjoy the feeling of knowing you’re helping others. Contact us today to start your planning or review an existing plan.



Form ADV
Form CRS