We are proud of the fact that we advise four generations of families. As the transfer of wealth takes place from one generation to the next, giving to family and charities is often advisable.

As you may know, charitable giving is important to us. Two beneficial ways of giving are donating appreciated stock and gifting IRA money.

Donating appreciated stock will allow the donor:

• Deductibility of the appreciated value of the stock
• Ability to avoid capital gains tax

Donation from an IRA will allow the donor:

• To avoid taxes on the amount donated
• Meet required minimum distributions

If you have a charity you’d like to donate to, or are looking for one, we are happy to help with the process and share with you details of a couple charities we personally love to support.

Katz Family Financial