For many, financial planning is about securing the future, but it can also serve a higher purpose. CNO Philanthropic Financial Planning offers individuals and families a way to integrate charitable giving into their financial strategy, creating a legacy that reflects their values. This article explains how CNO’s philanthropic planning services help clients give back in meaningful ways, maximizing their impact while achieving financial goals.

What is CNO Philanthropic Financial Planning?

CNO Philanthropic Financial Planning is a specialized service that helps clients incorporate charitable contributions into their overall financial strategy. Through this service, CNO advisors guide clients in selecting giving methods that align with both their financial situation and their philanthropic goals. Whether it’s a one-time donation, setting up a foundation, or creating a charitable trust, CNO provides solutions to make the giving process effective and financially sound.

Key Benefits of CNO Philanthropic Financial Planning

1. Purpose-Driven Financial Strategy: CNO’s advisors help clients design a financial plan that reflects their values and supports causes they care about. This strategy ensures that philanthropy becomes an integrated, sustainable part of their financial journey.
2. Tax Benefits: Giving back often brings tax advantages. CNO advisors are skilled in identifying tax-efficient charitable options, helping clients reduce taxable income while maximizing contributions to their chosen causes.
3. Legacy Building: For those looking to make a lasting impact, CNO can assist with establishing charitable trusts or foundations. These options ensure that clients’ contributions continue to support their causes for years to come.
4. Balanced Financial Health: CNO ensures that philanthropic planning aligns with clients’ overall financial health, providing a balanced approach that allows them to give generously without jeopardizing financial security.

CNO’s Charitable Giving Options

1. Donor-Advised Funds (DAFs): DAFs are a flexible, tax-efficient way to manage charitable giving. With CNO, clients can establish a DAF to receive an immediate tax deduction while directing funds to charities over time.
2. Charitable Remainder Trusts (CRTs): CRTs allow clients to make a significant gift to charity while still receiving income from the donated assets. After a specified period, the remainder goes to charity, creating a win-win for both donors and their chosen cause.
3. Family Foundations: For clients who want to create a structured approach to giving, CNO can help establish family foundations. This option allows clients to involve family members in philanthropy, fostering a legacy of giving that spans generations.
4. Direct Donations of Appreciated Assets: By donating appreciated assets such as stocks, clients avoid capital gains taxes while receiving a charitable deduction, making this an efficient and impactful option.
5. Charitable Gift Annuities: This option allows clients to support their favorite charities while receiving a fixed income stream in return. It’s an ideal choice for those who wish to give back while also securing additional retirement income.

CNO’s Philanthropic Financial Planning Process

1. Exploring Charitable Goals: CNO begins with a consultation to understand clients’ financial situations and philanthropic aspirations. This helps advisors create a giving strategy that aligns with both goals and values.
2. Customizing a Giving Plan: Advisors then work to design a customized charitable plan. This plan may include DAFs, trusts, or asset donations based on the client’s preferences and financial situation.
3. Executing the Strategy: After finalizing the plan, CNO assists with setting up necessary accounts, trusts, or donation structures to ensure that everything is in place for efficient and impactful giving.
4. Ongoing Review and Adaptation: CNO’s philanthropic planning is flexible. Advisors regularly review and adjust the plan to accommodate changes in financial circumstances or charitable interests.

Why Choose CNO for Philanthropic Financial Planning?

1. Expertise in Financial and Charitable Planning: CNO offers experience in both financial planning and philanthropy, allowing clients to maximize the impact of their giving while keeping financial security in focus.
2. Personalized Approach: CNO tailors its philanthropic strategies to each client’s unique values and goals, creating a giving plan that’s as personal as it is impactful.
3. Commitment to Lasting Impact: CNO is dedicated to helping clients make a difference that lasts. By aligning charitable giving with financial planning, CNO ensures clients can achieve a meaningful legacy.
4. Long-Term Vision: CNO’s approach takes into account clients’ current and future needs, integrating philanthropy with long-term financial stability and wealth transfer goals.

Conclusion

CNO Philanthropic Financial Planning offers more than just financial guidance; it provides a way for clients to make a meaningful impact on the world. Through customized giving strategies, tax benefits, and legacy-building options, CNO empowers clients to support causes close to their hearts. Whether through donor-advised funds, charitable trusts, or direct donations, CNO’s philanthropic planning allows clients to align their wealth with their values, creating a legacy of generosity that endures.

Embrace the power of strategic giving with CNO, and let your financial planning reflect the values you hold dear.

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