Accelerated Charitable Giving Strategies refer to financial techniques that allow individuals or corporations to maximize their charitable contributions within a short time frame, often resulting in immediate tax benefits.
These strategies can include methods such as making substantial lump-sum donations in one year, utilizing donor-advised funds, or employing charitable remainder trusts. For example, by donating appreciated assets like stocks instead of cash, donors can avoid capital gains taxes while receiving a tax deduction based on the fair market value of the assets at the time of donation.
The primary goal of these strategies is to enhance philanthropy while optimizing tax efficiency, allowing donors to fulfill their charitable intentions effectively within their financial planning.
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