White Paper:
The Role of Advisors in Charitable Planning

 
  

For Professionals

 

Address your clients’ income needs and philanthropic goals by leveraging Schwab Charitable's trust services.

Most advisors know from professional experience that the most common financial concern of their clients is ensuring that they have enough money to live comfortably for the rest of their lives. Your retirement planning expertise helps to address this important concern, but you may not have considered how Charitable Remainder Trusts can also resolve current or future income needs of your clients.

 

CLIENT BENEFITS

Income-producing
Generate income for one or more beneficiaries (typically the donor and/or family members). This can be useful for funding retirement, long-term care insurance or other needs.
Tax-smart
  • -Avoid capital gains tax on highly-appreciated securities or real estate.
  • -Receive immediate tax deduction for calculated charitable remainder value of your contribution.1
  • -Can effectively remove donated assets from your client’s estate for estate tax purposes.
Simple
  • -Schwab Charitable takes responsibility as trustee for all custodial, administrative and tax-reporting requirements.
  • -Your client can recommend you, as their trusted independent investment advisor, to manage the assets.2
Flexible
By donating the charitable remainder to an account with Schwab Charitable Fund™, your client can change the ultimate charitable beneficiaries of their account at any time3, and/or name their family as successors to the account to support the causes they value in the future.
 

ADVISOR BENEFITS

Retain and expand current client relationships
Studies have shown that the deepest and most stable client relationships include conversations about charitable and legacy goals.
Increase wealth management expertise
Schwab Charitable’s trust experts can assist you with presenting a personalized analysis of benefits to your clients or prospects and can help with creating appropriate trusts to accomplish their goals.
Simplify your business support relationships
Reduce your need for, and the expense of, multiple vendor relationships.
 

For more information on how Charitable Trust Services can help you and your clients, please contact a Donor Relations Specialist at (800) 746-6216.

1. The tax treatment of contributions to Charitable Trusts is complex. Income tax deductions in particular are subject to certain restrictions or limitations. Consult your tax advisor for more information.

2. Charitable Trust Services requires that investment advisors work with Schwab Institutional®, a division of Charles Schwab & Co., Inc. While a donor/trustor may recommend an advisor, as trustee, Schwab Charitable must approve the recommendation. Advisors must meet certain eligibility requirements and adhere to Schwab Charitable’s fee and investment guidelines. You may request a copy of the investment guidelines by calling us at (800) 746-6216.

3. All recommendations of charitable beneficiaries are subject to approval of the Fund, in its complete discretion, at the time the gift would otherwise take effect.

  

Call a Donor Relations Specialist:
(800) 746-6216
Monday to Friday, 11am - 8pm ET

You may also contact us via email to ask questions or to request printed materials.