Charitable Giving in Mount Vernon, Burlington, Skagit

Charitable Giving

When developing your tax and estate plan, you can do well by doing good. Making gifts to institutions or charities gives you a sense of personal satisfaction. Making charitable bequests in your will is a reward in itself. And In many cases, these contributions can reduce taxes.

We can help you decide which strategy may be best when making a gift.

Make a charitable gift or donation at any time throughout your life, and experience the tax benefits.

Make an outright bequest in your will.

An outright bequest is an easy and direct way to make a gift, and it requires only a short paragraph in your will, naming the charitable beneficiary and amount of your gift..

Make a charity the beneficiary of the retirement account.

You can name your favorite charity as a beneficiary of a retirement account. This can provide double tax savings. First, the charitable gift will be deductible for estate tax purposes. Second, the charity will not have to pay any income tax on the gift.

Use a charitable trust.

Another way for you to make charitable gifts is through the use of a charitable trust. There are many types of charitable trusts. We can help you determine which is right for your estate planning needs.

Need help planning?

For the best outcome, you should seek the counsel of an experienced, well-trained, investment professional like Prism Capital Management.

We are an independent advisory firm

Independence Is Its Own Reward

As an independent advisory firm, Prism Capital Management is not pressured by a parent company to direct you into their proprietary products. As a result, we have the freedom to provide you with a wide variety of investment choices from among the best that the financial services industry has to offer. And as a Registered Investment Advisor with the Securities Exchange Commission, we have a fiduciary responsibility to always put your best interests ahead of ours. You never have to worry about a conflict of interest when we make a recommendation.

As a fiduciary, we're different from other advisors.

As a Registered Investment Advisor regulated by the U.S. Securities And Exchange, Prism Capital Management LLC works exclusively for you, putting your interest first in all we do. Working as your advisor, we are a fiduciary and must always protect your best interests and disclose to you any conflicts that could prevent us from serving your best interests.

Our Process

Discovery

In our first meeting, we work together to uncover your true financial needs, goals, concerns, and evaluate your current financial position.

Financial Framework

With a better understanding of where you are and where you want to go, we will design a customized, actionable plan to help you achieve your goals.

Mutual Commitment

Once you have had a chance to review your plan, we can answer all of your questions, respond to any concerns, and then decide together how to proceed.

Implementing Your Plan

If you want, we can take care of the paperwork and get your plan moving forward. Call us at any time for information or if you have questions.

Review

As life changes, so do your goals. To make sure your plan remains in line with your goals we will meet regularly to review your progress and ensure your plan continues to fit your objectives.

Guiding You Through The Process

Schedule Your Consultation

Send us a note below to meet with Prism Capital Management and discuss how we can help you make the most of all that you own, now and for decades to come!