Wealth Management > Philanthropic Services > Planned Giving and Gift Administration

Planned Giving and Gift Administration

Structuring programs to help both donor and charity

If you are considering setting up a planned giving program to benefit a favorite charity, the professionals at Montecito Bank & Trust can help on both sides of the equation. We have a long-standing tradition of philanthropy ourselves, and we are quite familiar with structuring planned giving programs that generate ongoing tax advantages for the donor. However, we also add another dimension, which is the ability to manage the gift for the recipient organization so that the effects of your generosity will be magnified for years to come.

While there are many benefits to planned giving programs, there are also pitfalls. A wise first step is to enlist a trusted fiduciary who can design a program that fits your specific financial situation, ensure compliance with all applicable regulations, and also safeguard the capital. It also makes sense to have your trustee and investment manager involved from the start so that any adjustments to your personal financial plan can be made as things proceed. All these services are available in one place – Montecito Bank & Trust.

Our comprehensive services include:

• Program Planning and Implementation
• Investment Management
• Distribution Management
• Cash Flow Analysis
• Tax Planning and Compliance
• State and Federal Tax Reporting