Charitable Giving

Creating a charitable gift giving plan can fulfill your desire to be philanthropic as well as provide tax benefits. Some of these benefits involve an income tax deduction, the avoidance of capital gains on highly appreciated assets and no estate taxes on the charitable gift upon your death. Certain forms of charitable gifting strategies also allow for an income stream to you during life from the asset donated to charity, as well as a tax deduction.

With the increasing tax environment expected in the U.S. in coming years, there may be compelling reasons to integrate philanthropy into your financial and estate planning.