Wealth Conservation and Management Tools

The Family Wealth and Wisdom professionals use time-tested methods to help you conserve and manage your family’s wealth. Below are some of the tools we use to acheive this end.

Charitable Remainder Trust (CRT)

A Charitable Remainder Trust could address many of your personal financial goals while providing the ability for you to make a significant gift to the qualified organizations of your choice. Click here to learn more about CRTs.

Charitable Lead Trust (CLT)

A Charitable Lead Trust is an excellent way to pass assets to heirs at a reduced transfer tax, while making a significant gift to charity. Click here to learn more about CLTs.

Donor-Advised Fund (DAF)

A Donor-Advised Fund allows donors to make additional contributions for additional tax deductions in subsequent years, as well as providing the opportunity to benefit multiple charities or causes that are important to the donor. Click here to learn more about DAFs.

Private Foundation (PF)

A Private Foundation is a tax-exempt charitable organization which allows a donor to exercise a greater degree of control over its operation and grant-making activities. Click here to lean more about PFs.

Irrevocable Life Insurance Trust (ILIT)

An Irrevocable Life Insurance Trust is the owner and beneficiary of life insurance policies, usually on the lives of the donor and the donor’s spouse. Click here to lean more about ILITs.

Pooled Income Fund (PIF)

A Pooled Income Fund is an irrevocable trust maintained by a public charity. Gifts from all donors are combined for investment purposes. Click here to lean more about PIFs.

Charitable Gift Annuity (CGA)

A Charitable Gift Annuity offers a regular fixed income to the donor, while benefitting the charity of their choice during their lifetime. Click here to lean more about CGAs.