“Give until it hurts” may no longer apply.
Trusts and direct gifts are only one way of helping your favorite charities. Many other alternatives are available. Some allow you to maintain control of your asset and still avoid future tax problems that might have occurred without the charitable planning.
Charitable planning and analysis can be a very rewarding process for you and your favorite charity. Identifying potential current or future significant tax problems can help you, your heirs and your charities.
Creating a charitable gift giving plan may provide you with multiple tax breaks: an income tax deduction, the avoidance of capital gains on highly appreciated assets and no estate taxes on the charitable contribution upon your death.
With the increasing tax environment we expect in the U.S. in coming years, there may be compelling reasons to integrate philanthropy into your financial and estate planning.
We can help you find a qualified professional to assist you with this.
Call Pinehurst Capital at 910-235-4140 for a no obligation consultation to learn more about the use of trusts and direct gifts, as well as, a variety of other methods that may allow you to maintain control of an asset to help your charities.
Call 910-235-4140 or contact us today!