As year-end approaches, it's a natural time to reflect on the causes and organizations that matter most to you and your family. It's also an opportunity to consider whether your charitable giving is aligned with your broader financial goals, family priorities, and the legacy you hope to create.
At Brockenbrough, we believe thoughtful philanthropy goes beyond individual contributions. A well-coordinated strategy can help you make a more meaningful impact while integrating charitable giving into your broader wealth and estate plan. As you consider your year-end giving, a few areas may be worth revisiting:
Giving with purpose: Are your charitable contributions aligned with the causes most important to you, and have you considered how to involve future generations in your family's philanthropic goals?
Giving strategically: The way you give can be just as important as how much. Donating appreciated securities may help avoid capital gains taxes, donor-advised funds can allow you to consolidate multiple years of giving into a single tax year while supporting charities over time, and qualified charitable distributions (QCDs) from IRAs can offer tax advantages for eligible individuals.
Coordinating with your broader financial plan: With changes to charitable deduction rules taking effect in 2026, this may be an opportune time to revisit how and when you give in coordination with your investment, tax, and estate planning strategies.
Whether you have an established philanthropic plan or are simply considering ways to be more intentional with your giving, our team would welcome the opportunity to help you evaluate your options and coordinate any year-end decisions. Certain strategies require additional time and planning, so we encourage you to reach out ahead of year-end deadlines if we can be helpful.
We look forward to helping you and your family make the most of what matters to you.