Charitable Giving

A charitable contribution is when you donate money (which can include securities or business ownership interests), goods or services to an organization and deduct the market value of this contribution on your income tax return.

Life insurance is often used in conjunction with charitable giving. But even when this is not the case, there are creative techniques that can be applied to charitable giving. When it comes to charitable giving, we have the knowledge and resources to help you make informative decisions with confidence.

Items We Address

  • Charitable giving overview
  • Rules for deducting charitable contributions
  • Gift of life insurance policy
  • The capital-replacement technique in which life insurance replaces assets committed to charity (AKA wealth replacement)
  • Income tax charitable deduction
  • Charitable remainder annuity trust vs. unitrust
  • Charitable pooled income funds
  • Charitable gifts of remainder interest in personal residences and farms
  • Charitable gift annuities
  • Charitable lead trusts
  • Charitable giving and retirement assets
  • Converting an asset to an income stream with a CRT
  • Supplementing retirement income with a CRT
  • Charitable gifts to public charities and private foundations