A Last-Minute Reminder To Give Wisely And Charitably
With the holiday season here and the end of 2018 closing in, here’s a last-minute reminder not to pass up an opportunity to give charitably and wisely.
Before the year’s end, if you set up a donor-advised fund, you gain control on the timing of charitable gifts and choose the securities to give.
With a donor advised fund, you contribute securities or cash and claim the deduction that same year.
The beauty is its flexibility: You don’t have to make grants to charities the same day you put money in a donor advised fund..
Later on, you can pick when the charity gets the gift.
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