A growing number of individuals and families want to use their accumulated wealth to become effective philanthropic donors. Many Americans have the financial resources but not yet the inspiration, inclination, or opportunity to become philanthropic. At the same time, many financial advisors are hesitant to wade into this subject.

While some clients may be ready to bring up philanthropy without initial input from advisors, advisors can play a crucial role in helping a broader universe of potential donors to think about the role that philanthropy can play in their lives.

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