Estate & Gift Planning

Strategic charitable giving can enable a charitably-minded individual to accomplish estate planning goals while also garnering a current income tax benefit. Ranked from basic to most sophisticated, the following is a very broad view of the categories available to prospective donors wishing to make charitable contributions:

1. Annual cash donations
2. In kind donations of appreciated assets
3. QCDs (qualified charitable distribution) from an IRA (for beneficiary over age 70) to charity
4. Testamentary bequests
5. Charitable trusts