GIFTED STOCK AND ESTATE PLANNING
There are many ways for charitable donors to reduce their tax burdens. Many people have appreciated assets such as stock, mutual funds, etc., which can be ideal charitable gifts for many reasons.
You may want to consider a charitable donation of your appreciated assets, which will avoid capital gains tax and also qualify you for a tax deduction equal to the value of the assets as of the date of the gift.
Your donated assets can also appreciate further in the fund with no capital gains tax to you, and you can continue to provide support for many years.
To learn more about the tax advantages of gifted stock, gifts from retirement accounts and estate planning, please contact us at LifeLegacy@40daysforlife.com or call 888-543-3316 ext. 3.