Charitable giving

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When you donate publicly traded securities that have appreciated in value to a qualified charity, you no longer pay any capital gains tax.

Charitable giving

Here are a few ways to make the most of your charitable gifts:
  • When you donate publicly traded securities that have appreciated in value to a qualified charity, you no longer pay any capital gains tax. Plus, you receive a donation receipt equal to the fair market value of the donated security.
  • Establish a charitable foundation to create an enduring philanthropic legacy. A private foundation gives you a high level of control and flexibility, but there are ongoing costs and administrative requirements. A public foundation is a more convenient alternative for those who prefer less day-to-day involvement.
  • Donate a life insurance policy that funds a very large payment to your chosen charity for a relatively small outlay of cash.