The Unity Foundation of La Porte County and Mason Investment Advisory Services, Inc. Present:
Charitable Planning in 2024
Charitable Planning in 2024 is a continuing education session inclusive of two modules.
The first is titled “Strategic Charitable Gift Planning: Maximizing Tax Benefits and Client Philanthropy.”
This 1-hour CE program focuses on helping professional advisors develop strategies to include charitable gift planning in their estate and financial planning for clients. The session will focus on tax considerations, developing a charitable giving model and charitable giving strategies. Participants will learn to identify ways to maximize charitable tax deductions and how to align charitable giving goals with those of the charity. The speaker will also review recent legislation and ways new rules have impacted a taxpayer’s ability to deduct charitable contributions, plus the broader impact on charitable giving. Participants will learn how to develop a charitable giving model using an eight-piece framework as well as important factors to consider when building a charitable giving model for the client. Finally, the speaker will conduct a deep dive into charitable giving strategies, highlighting how and when to deploy each strategy to support the client’s charitable goals.
The second is titled “Maximizing Philanthropy: Leveraging Donor Advised Funds in Charitable Planning.”
This 1-hour CE program focuses on helping professional advisors deepen their knowledge of the donor advised fund (DAF) giving strategy as part of their estate and financial planning for clients. Participants will learn how to identify clients who may benefit from a DAF, including those with appreciated assets, and how to start a conversation about giving. The session will focus on how DAFs work and potential benefits they can provide to the clients of professional advisors. The speaker will present a comparison of DAFs and alternative charitable vehicles including private foundations. Participants will learn about the tax advantages of DAFs as well as different types of DAFs that are available such as through national organizations, religions organizations and community foundations. Participants will also learn about potential changes on the horizon for DAFs stemming from proposed IRS regulations introduced at the end of 2023. Finally, the speaker will share real world case studies of DAFs in action and demonstrate some of the ways a professional advisor’s client can benefit from partnering with a community foundation when setting up a DAF.
Presenters from Mason Investment Advisory Services, Inc.
Sharon Kampner, MBA, CFP®
Senior Financial Planner, Mason Investment Advisory Services
Sharon Kampner, MBA, CFP®, Senior Financial Planner, is a senior financial planner with Mason Investment Advisory Services, Inc. Prior to joining Mason in July 2011, Ms. Kampner held positions as Director of Wealth Management with Polaris Equity Management and as Vice President with Brownson, Rehmus & Foxworth, Inc. She received a Bachelor of Arts in Psychology from the University of Kansas in 1990. She received a Master of Business Administration from the University of Chicago, Booth School of Business in 2007. She received her CERTIFIED FINANCIAL PLANNER™ certification in 2000.
William J. Dwenger, MSFP, CFP®,
Financial Planner, Mason Investment Advisory Services
William J. Dwenger, MSFP, CFP®, Financial Planner, joined Mason Investment Advisory Services Inc., in June 2005. Prior to that date, Mr. Dwenger interned at the Compass Capital Corporation in Massachusetts. He received a Bachelor of General Studies with a concentration in Social and Behavioral Science and a Business Foundations Certificate from Indiana University in 2002. He received a Master of Science in Financial Planning from Bentley University in 2004. He received his CERTIFIED FINANCIAL PLANNER™ certification in 2008.
Date
November 6, 2024
SCHEDULE
8:30 a.m. to 11:30 a.m. CT
9:00 to 9:15 a.m.
Welcome
9:15 to 10:15 a.m.
“Strategic Charitable Gift Planning: Maximizing Tax Benefits and Client Philanthropy.”
10:15 to 10:30 a.m.
Break / Q&A
10:30 to 11:30 a.m.
“Maximizing Philanthropy: Leveraging Donor Advised Funds in Charitable Planning.”
LOCATION
Unity Foundation / STAR CENTER
422 Franklin Street Suite C, 2nd floor
Michigan City, IN 46360
Cost
FREE
Learning objectives include:
- Identify limitations on charitable contribution tax deduction including six (6) factors that can affect a taxpayer’s ability to deduct charitable contributions.
- Name eight (8) considerations when developing a charitable giving model for the client that accounts for sufficiency of assets and future capital needs.
- Identify eight (8) charitable gifting strategies that can be deployed to support your client’s charitable goals.
- Understand the “Give, Grow, Grant” framework underlying how DAFs work and be able to list three (3) key benefits DAFs can potentially provide to donors as well as four (4) criteria to consider when determining if a DAF is appropriate for a client.
- List two (2) scenarios where a DAF might not be the most advantageous giving strategy.
- Describe the proposed IRS and US Treasury regulations for DAFs and implications for community foundations, donors and professional advisors.
- Identify three (3) types of DAFs that can help meet the needs of donors who want to give back to their community.
- Discuss ways to start a conversation around a client’s wishes for philanthropic giving, including three (3) potential questions to ask as well as how to work with a community foundation as your partner so both charity and donor benefit.
Who should attend?
Estate Planning Attorneys, Certified Public Accountants, Certified Financial Planners, Bank Trust Officers, Insurance Agents, Chartered Financial Consultants, and any other professional advisors interested in improving their charitable planning knowledge to build their private client practices.
Registration:
https://uflc.fcsuite.com/erp/donate/list/event?event_date_id=2486
To register, please call or email:
Jamie Miller
Development Officer
Unity Foundation of La Porte County
422 Franklin Street, Suite C
Michigan City, IN 46360
jmiller@uflc.net
219-879-0327
Continuing Education Credits:
- Chartered Financial Consultants (ChFC®) may earn two continuing education credits. Please note that ChFC® credits are self-reported and may or may not be approved by the American College.
- CPAs may earn continuing professional education credit for specialized knowledge.
- American Bankers Association (ABA) Professional Certifications has approved “Charitable Planning in 2024” for: two and a half CTFA CE credits. ABA Professional Certifications is dedicated to promoting the highest standards of performance and ethics within the financial services industry. This statement is not an endorsement of this program or its sponsor.
- Certified Financial Planners may earn two continuing education credits.
- Attorneys may earn two general continuing legal education credits.
- Insurance Agents may earn two continuing education credits.
Prerequisites:
None
Advanced Preparation:
None
Program Level:
Overview
Delivery Method:
Group Live
Conference Policies:
For more information related to this program, please contact:
Jamie Miller
Development Officer
Unity Foundation of La Porte County
422 Franklin Street, Suite C
Michigan City, IN 46360
jmiller@uflc.net
219-879-0327
For information related to complaints, please contact:
Will Thorpe
Chief Marketing and Development Officer
Mason Investment Advisory Services
11921 Freedom Drive
Suite 1000
Reston, VA 20190
T: (703) 716-6000
F: (703) 716-6020
wthorpe@masoncompanies.com
www.masoncompanies.com
Mason Investment Advisory Services, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
