In addition to supporting AAACF, a planned gift can provide substantial tax advantages, especially on gifts of stocks and real estate. The benefits may include:
- an income tax deduction
- reduced capital gains taxes
- reduced probate costs and estate taxes
- income for life
Simply by taking advantage of incentives the IRS provides, you and your advisor can craft a gift that fits your needs, as well as the needs of AAACF. Even with the increased standard deduction in the tax law that became effective in 2018, an immediate income tax charitable deduction resulting from a planned gift may lead to itemizing deductions and greater tax savings. A planned gift makes it possible for you, your loved ones, and AAACF to all benefit.
We want to be sure that we can fulfill your wishes.To have a conversation about your giving, please contact:
Shannon Polk
President & CEO
734-663-0401
info@aaacf.org