The Gift That Can Save TaxesThree Ways Appreciated Assets: If you have assets such as stock or real property that have grown in value over time, you can give them to the Armed Forces Veterans Homes Foundation and save taxes in the following ways: 1. You get a charitable deduction for the market value of the asset when the gift is made. 2. You avoid the capital gains tax that you would pay if you had sold the asset. 3. The value of the asset is removed from your taxable estate, thereby reducing your estate liability. For more information, please call Ken Fulmer at 301-899-8386 or write him by clicking here. |
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