Archive - February 10, 2016

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Why You Should Give Appreciated Stock Instead of Cash

Why You Should Give Appreciated Stock Instead of Cash

We have just wrapped up the busiest time of the year for charitable giving. Since January is when most people sit down to revisit their budget, this is an excellent time to review your charitable giving strategy.

Most people give to charity by writing a check. This is an easy way of supporting an organization – it only takes a moment to write a check and every charity will have a bank account into which they can deposit checks.

However, giving appreciated stock from a brokerage account to a charity is even more efficient in terms of tax savings. This …

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