New Year, New Plans

New Year, New Plans

January marks the beginning of the new calendar year, a time when individuals often reflect on their personal and financial goals. This period of introspection can prompt you to think about your legacy and the impact you want to leave on the world. Planned giving, which involves making provisions for charitable donations in your estate plan, aligns seamlessly with this contemplative mindset. As you set resolutions for the year ahead, integrating philanthropy into long-term financial planning can be a meaningful way to ensure your values endure beyond your lifetime.

Moreover, January is commonly associated with tax season, as people start preparing for the upcoming filing deadlines. This financial awareness can motivate you to explore tax-efficient strategies for charitable giving, and planned giving offers several options, such as charitable bequests, trusts, and gift annuities, which may provide tax benefits. Taking advantage of these opportunities allows you to optimize your contributions and support charitable causes while also managing your financial responsibilities.

The start of the year also often coincides with a fresh perspective on personal values and the desire to make a positive impact on society. This renewed sense of purpose can allow you to consider planned giving as a strategic and intentional way to support organizations and causes that hold special significance to you. By planning your philanthropy in advance, you will ensure that your charitable contributions align with your Catholic values and will leave a legacy that reflects your personal passions and beliefs.

The Society of St. Vincent de Paul relies on consistent support to fund its programs throughout the year. By initiating a planned gift, you will contribute to the Society’s stability and ability to plan for the future. This foresight ensures that the Society can continue its mission of serving those in need with compassion and dedication.

January is the perfect time to contemplate planned giving due to its association with reflection, resolution-setting, tax considerations, and a renewed commitment to making a meaningful impact on the world. This month provides a strategic starting point to weave philanthropy into your long-term financial plans, leaving a legacy that extends well beyond your lifetime.

To start this important and confidential conversation regarding your planned giving intentions with the Society of St. Vincent de Paul, please contact Jennifer Thoma at 412.321.1071×1204 or