Scott Martin has been covering the financial markets since 1996 and the securities business since 2001. He was a long-time columnist for Research, market writer at CNNfn.com, and editor of Buyside; his work currently appears in publications like The Trust Advisor, Institutional Investor, and EmergingMoney.com.| Philanthropic Contributions Are Actually Up 76% At Schwab |
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| Wednesday, December 14, 2011 14:23 |
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As a rollercoaster year winds down, it's good to hear that philanthropic plans are still going full speed ahead. This Website Is For Financial Professionals Only
Schwab Charitable says contributions to its donor-advised fund are up 76% this year.
Wealthy families haven't stopped giving.
Whether that's a leading economic indicator or just a sign that long-term tax planning is still on course, it's a great sign of confidence.
And it means that the philanthropic conversation still has to happen. The tax outlook is cloudier than ever, so every bit of clarity you can get for your clients counts even more.
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