A charitable contribution is a gift of goods or services to a qualified organization. This type of donation allows the giver to deduct the market value of the contribution on their income tax return. A charitable contribution can also include securities or business ownership interests.
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, our financial professionals have the knowledge and resources to help you make informed decisions with confidence.
We do not offer tax or legal advice. For advice concerning your own situation, please consult with your appropriate professional advisor.