Asset Analysis

In the second phase of the Philanthropic Optimization Process®, Ensemble will analyze your asset base and income patterns to identify the best financial strategies for optimum giving, the enhancement of your net worth or a combination of the two.

While making a gift of cash results in an income tax deduction, making gifts of appreciated assets can result in the avoidance of capital gains as well. You can use these tax savings to increase your level of giving at no cost to you or you can use the tax savings to increase your personal wealth without reducing the amount of your charitable giving.

Different assets can result in different types and levels of tax deductions depending on what type of philanthropic entity they are gifted into. The asset analysis will examine your specific situation and determine what types of opportunities you have available.

Some of the issues we may explore include:

• Does a position in any single security dominate your current portfolio?

• Do you have any highly appreciated (low cost basis) investments?

• Do you have substantial illiquid assets (real estate, private business interests, etc)?

Next: Legacy Planning

Previous: Goal Establishment