Families who think thoughtfully about what they want to achieve with their wealth—either through their foundation, their personal giving or both—and who communicate that clearly to their advisors, will have more success in seeing their legacy fulfilled. Unless you develop a plan and share your vision, your financial advisors may advise you to follow a conservative giving plan that doesn’t take into account your capacity to give or desire to go beyond just preserving wealth. Based on her book “Inspired Philanthropy, Creating a Giving Plan and Leaving a Legacy,” Tracy Gary will discuss how to develop your giving plan and partner with your advisors to unleash greater generosity.
This is what Tracy and I are trying to foster; she with her "gigs," I at Gifthub, and both of us in open source partnership with others who serve donors bent on serving the larger human community. Advisors serve families, clients, the money itself, themselves and their firm. For advisors to create a plan in service to community needs, the client must step forward with the ideals clearly stated. Training donors to do that is what Tracy and I are all about these days. We think it is good for families, and good for the community. Having presented these ideas at Advisors in Philanthropy with Tracy a few days ago, it is clear that qualified advisors embrace this process.