Ways To Share
Making gifts from your assets can be advantageous to you. You may be able to claim a charitable income tax deduction for the full fair market value of the asset and avoid the capital gains tax you might incur if you sold the asset and donated the proceeds. Therefore, gifts of appreciated assets can “cost” you less than gifts of cash.
The strong performance of financial markets and the economy in general during the past decade have placed many people in a situation where personal assets have expanded dramatically. We know, however, that corresponding increases in liquidity or personal income have not necessarily followed.
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Opportunity for Sharing Form |
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