Ways to Give
Making charitable contributions
is an art – a creative process that adapts to the
changing needs and wishes of the donor. Planned giving
enables a donor to arrange charitable contributions in ways
that maximize his her her personal objectives while
minimizing the after-tax cost.
Depending on the asset given and the gift arrangement
selected, a donor can generally expect to obtain some or
all of the following benefits:
* fulfill philanthropic goals
* reduce income tax through a deduction for the gift
* avoid capital-gain tax on gifts of long-term appreciated
property
* retrain a stream of income for life for him- or herself
and other beneficiaries
* increase spendable income
* eliminate potential federal estate tax on property
passing to charity upon the donor’s death
* reduce costs and time in estate settlement
Click on the titles below, to learn some of the benefits of
various forms of planned charitable gifts. You should
consult with your own tax and legal advisors for a full
discussion of the tax implications of particular gift
plans.
For additional information or questions, please contact Patricia Shapella (609) 292-3707.