Miami Charitable Planning

At Perlin Estate Planning & Probate, we encourage charitable giving. In addition to the many personal and societal benefits of charitable giving, charitable gifts can also provide a financial benefit, including minimizing capital gains taxes, increasing current income, and even providing a lifetime stream of income. Charitable gifts can also provide an estate tax deduction, which is an important consideration when developing an estate plan.

Making the Most of Your Charitable Giving

We help clients make charitable gifts in the most tax-efficient manner possible, using several different planning strategies.

• A charitable remainder trust or a charitable gift annuity can provide an immediate income tax deduction, a lifetime stream of income, and a waiver of capital gains taxes owed on contributed property.
• A charitable lead trust can create an income stream to a charity for a term of years, and the remainder of the trust assets pass to beneficiaries without any estate or gift tax consequences.
• A private foundation offers control over gifts by placing restrictions on how the gifts are ultimately used by charities.
• A donor advised fund allows an income tax savings on regular monthly or weekly contributions to churches or charities.

This has been a very general overview of a very complex subject matter; if you are interested in supporting charitable organizations in a tax-efficient manner, please contact me to explore your options.