The season of giving and gifting is here. If you are considering charitable donations, consider that there are many ways to gift. Do you want to have control over the use of the funds? Do you have a specific end goal in mind? Whether you contribute to a donor advised fund, a private foundation, or a 501(c)(3) or other charitable organization will make a difference. As for tax consequences, not all gifts are created equal. Charitable giving is an important piece of your estate planning. Your attorney can assist you with achieving your goals while avoiding common mistakes and pitfalls.
– Emily A. Helmick, Esq.
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