• heritageadmin

Giving Series Part 3: Donor Advised Funds

The third giving option in this series is Donor Advised Funds. A donor advised fund is an investment account established through a reputable investment advisor. You can donate cash, stocks, real estate or other assets and receive an immediate charitable tax deduction. However, the gift grows in the account until you designate what IRS-qualified charity the funds should be distributed to. This allows your gift to grow income and capital gains tax free, over time, while permitting you the freedom to decide to whom, and when, the gift should be distributed. As a note, once money is deposited into a donor advised fund it cannot be withdrawn for your own benefit.

0 views0 comments

Recent Posts

See All

Established to help provide legal counsel to those navigating the intricacies of elder law and business law in Minden, Nevada, Heritage Law Group, P.C. offers our clients not only in Minden, but in al