As the end of the year approaches, you may be considering making a difference for Jesus through a gift to The Quiet Hour. But you may not realize that, with proper planning, you can give assets you normally wouldn’t think of giving—and even increase your income!
Perhaps you are holding property such as stocks, bonds, mutual funds, or other assets that have increased in value. You can generally give them and deduct the entire value, including any “paper profits” from your taxable income. Or you may choose to give a low yielding asset that may have little or no impact on future spendable income.
Another way to increase your income is to exchange a low yielding asset for a charitable gift annuity. You may also wish to consider converting your revocable living trust to a gift annuity—a strategy that, depending on your age, can substantially increase your income.
Good estate planning is part of our spiritual responsibility for the assets God has entrusted to us. E-mail us or call us toll-free at 800-900-9021. Let us help you make a difference for Jesus through planned giving!
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