Everyone has their own reason for gifting their assets or a portion of their income to charitable organizations.
Our present tax code offers incentives for gifting of one’s assets or incomes.
By using charitable gifting techniques, a donor may be able to benefit the charity while living without having to sacrifice the income that an asset can generate. Understanding how properly structured charitable gifts can provide current benefits for both the donor and the charity could be important for the charitably inclined. Some of the vehicles available to help you reach your charitable giving goals include:
Charitable Remainder Trust - Unitrust, Annuity Trust or Pooled Income Fund
For more information on charitable planning, please contact us today.