charitable giving

 Charity and personal force are the only investments worth anything.

Walt Whitman (1819 –1892) American poet, essayist, journalist, and humanist.

Do you have a favorite organization, college, church or synagogue, or charity that you would like to help? Would you like a tax deduction for helping this non-profit?

There are numerous ways you can donate to your favorite non-profit and simultaneously receive a personal benefit.

For example, if you have highly appreciated stock or real estate, a charitable remainder trust may allow you to avoid capital gains and give you a guaranteed income, but also leave a significant endowment. If you own life insurance, you may want to gift your policy to your favorite non-profit in exchange for a large tax deduction. Your charity can then sell the life insurance policy for cash in the secondary market place. This is known as a life settlement strategy.

There is also a strategy that may pay you to give to your favorite charity. We call this Immediate Legacy.  Please contact us for more information.

MoneyView/Statewide Financial Group is equipped to help you determine the most appropriate charitable gifting strategies. 

I want to learn more about Charitable Giving now

*You should consult an attorney/tax advisor when considering any legal or financial matter.