An important part of what makes HCR Wealth Advisors different from other wealth management organizations is the effort they go to make their services personable, customized, and steadfast. That might sound easy, but when life’s troubles come to anyone- the first thing that disappears is support. That’s true of friends, family, and even professional relationships. HCR takes pride in sticking with their clients through tough life changes such as divorce, legal trouble, the loss of a loved one, retirement, and more.
In the end, this means HCR develops deeper ties of loyalty than the average wealth consulting firm can. In other words, they earn trust the hard way.
That being the case, HCR has developed a unique level of expertise in an area where regulatory compliance poses some extraordinary challenges- namely, charitable donations. Charities, and those who regularly make significant charitable contributions can face a high degree of federal scrutiny. The reasons for this are many and varied.
But HCR’s expertise in this area can help charitable givers to get the tax breaks they want, and the flexibility they need to maintain their dedication to charitable giving. Among other things, they can show you how charitable giving can help your company’s bottom line to remain solid and secure.
Here are a few of the ways they help their philanthropic clients:
Tax Deductible Stock Donations
Many people are unaware that stocks can be given as charitable donations. Stocks are a great way to support your favorite charity. It is a type of gift that does keep on giving. Best of all, these are tax-deductible.
Eliminating Tax Liabilities
Under-performing stocks can be a tax liability. As such, they can quickly lose their value. Donating stocks is a great way to offload them.
Optimize Cash Utility
By donating stock and depositing an equal amount of cash into your portfolio, you can maintain its face value while enhancing its performance.
The Benefits of Donating Stock
You can raise the total value of your charitable gifts by donating stocks. This is a great way to optimize your write-offs while supporting the cause you care about.
These are just a few examples of how HCR is using their unique expertise to help people like you get the most out of their assets.
This article is provided for informational purposes only and should not be interpreted as investment advice. HCR Wealth Advisors is not affiliated with this website.