Managing family wealth requires customized solutions from advisors experienced in the complexities and opportunities created by such wealth. Because your financial needs are as complex and diverse as the people within your family, we offer a multi-disciplinary, team-based approach to serving your family’s unique goals. Our experienced family-office service teams work closely with you to completely understand your family’s goals, objectives and financial situation. We provide intelligent, intergenerational planning, helping you navigate important decisions and avoid common pitfalls. With complete and customized solutions, AMG National Trust Bank helps families seize financial opportunities, control taxes, and preserve, build and transfer wealth.
Manage Your Charitable Giving
Whether making a large gift for tax purposes or starting a family tradition of generosity, managing your philanthropy through the AMG Charitable Gift Foundation is both beneficial and advantageous.
Simplify Giving Establishing a private foundation takes as long as eight months, requires IRS approval, costs thousands of dollars in legal fees, requires a 5 percent annual distribution and often calls for a large minimum contribution.
Working with the AMG Charitable Gift Foundation is an easy, inexpensive and convenient alternative: you need only contribute a minimum of $5,000. This allows you to take advantage of the tax benefits of charitable giving sooner rather than later.
Additionally, the AMG Charitable Gift Foundation does not require you to make an annual contribution to your account. You do not have to make annual charitable distributions, nor is your account subject to annual excise taxes.
Flexibility We also give you the flexibility to recommend the timing and frequency of your donations. Because the AMG Charitable Gift Foundation is not required to make an annual distribution, you can also request that your contributions grow tax-free to gift at a later date. Also, adult children related to the account holder may make distribution recommendations on your behalf.
Professional Investment Management The AMG Charitable Gift Foundation relies on the investment expertise and analysis provided by AMG National Trust Bank to select and manage appropriate investments for its accounts.