Warner Norcross + Judd LLP Partner Beth O’Laughlin’s article titled “Boost Your Philanthropic Impact with a Charitable Giving Strategy” was featured in the August issue of The West Coast Way Magazine.
She writes about philanthropy as an integral part of a family business’ mission and that a charitable giving strategy can help determine the impact of its support. A charitable giving strategy allows the business to be intentional in its giving, requiring owners to specifically define their giving goals and give thought to how they can measure the achievement of those goals.
O’Laughlin notes that the benefits of a charitable giving strategy can be obvious, but knowing where to start in developing that strategy can be challenging. She provides a list of questions to get those creative thoughts flowing and questions to consider when evaluating the organizations to support.
To read The West Coast Way Magazine article on page 13, click here.
O’Laughlin provides both adept and highly accessible counsel to individuals, families and businesses throughout Michigan in trust and estate planning and administration, succession planning, tax matters and wealth preservation. She also assists closely held and family businesses in negotiating and executing business transactions, managing ongoing operations, and designing and effectuating succession plans. She enjoys the challenge of coordinating sophisticated planning strategies for high-net-worth or ultra-net-worth clients seeking to minimize or eliminate gift, estate and generation-skipping transfer tax liabilities. But she also finds it incredibly rewarding to assist young professionals, families and entrepreneurs as they begin planning for and working to design their futures.