Ideally, charitable giving is done in such a way as to maximize the tax-deduction for the donor and benefit your favorite charity with any highly appreciated asset.

It is somewhat common knowledge that giving to charity creates a tax deduction in the year the gift was given. However, often overlooked is the ability to extend those tax deductions over the life of the donor, and at the same time creating monthly income for the individual.

If you would like to discuss your charitable giving options, please inform your advisor.