Perhaps you would prefer to take a charitable deduction this year. Maybe you have higher income this year, or the reduced ability to take a deduction next year. A donor advised fund may make sense for you. A donor advised fund allows a deduction this year, even though distributions will be made to public charities in future years. Read on to learn more about a donor advised fund.
Would You Prefer a Charitable Deduction This Year?
Timothy P. Murphy
Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.
Latest posts by Timothy P. Murphy (see all)
- How Can I Limit My Estate’s Exposure to Estate Taxes? - November 20, 2019
- The Questions of Estate Planning, Part 4: Where - November 18, 2019
- The Questions of Estate Planning, Part 3: When - November 16, 2019
