Especially during this time of year, many of us shift our mindsets to consider how we can spread aloha and do good in the world. Giving back to our community comes in many forms. There are ways that take no money — donating your voice and time. “Activist philanthropy” is a newer term, but it simply relates to people who embrace the role of public advocate to raise awareness and bring precedence to essential issues. These people are speaking up and sharing their stories to inspire real change.
Another way to consider gifting assets is to set up a charitable trust. Trusts can help you manage highly appreciated assets in a more tax-efficient manner while, in some cases, allowing you to split assets among charitable and non-charitable beneficiaries