The term “planned giving” refers to charitable gifts that require some planning before they are made.

Planned gifts are popular because they can provide valuable tax benefits and/or income for life.

Whether a donor uses cash or other assets, such as real estate or stock, the benefits of funding a planned gift can make this type of charitable giving very attractive to both the donor and charity.

Potential Benefits of Planned Gifts:

• Increase current income for the donor or others
• Reduce the donor’s income tax
• Avoid capital gains tax
• Pass assets to family at a reduced tax cost
• Make significant donations to charity
• Allow a donor to leave a legacy that embodies his or her personal philosophy or beliefs

The best person to speak with about how planned giving fits into your retirement and investment planning and your philanthropic goals, is an expert financial adviser or planner, or an estate or trust attorney.