As we near year-end, charitable giving is once again on the minds of many families. While giving charitably is valuable in its own right, most families are also interested in maximizing the tax benefits of their charitable gifts. Traditionally, the default method for charitable giving is cash, check, or credit card, but these gifts fail to maximize the tax advantages available. In this episode we discuss how gifting long-term appreciated stock can increase the tax benefits families receive from their charitable giving - ultimately reducing the after-tax cost of the gifts they make. We also discuss how to streamline and simplify the gifting process to avoid the hassle that often comes with gifting stock to multiple charities. If you are charitable and would like to maximize your tax savings, we think you’ll enjoy this episode. Thanks for listening!

For those who are interested in even more detail on gifting appreciated stock to charity, check out our blog post covering the same topic at https://pw-wm.com/learn/tax-planning/gifting-appreciated-stock-it-is-better-to-give-and-receive/.