At the Law Offices of James Yastion, PLLC, we assist in the cause of charitable giving. In addition to the many personal rewards of charitable giving, there are often income tax deductions for charitable gifts.
Some strategies for giving also save capital gains taxes, increase income and can provide income for life depending on the strategy utilized. There may also be an estate tax deduction. There are numerous ways to make charitable gifts from outright bequests to charitable remainder trusts, to private foundations and donor advised funds. We will help the client with making charitable gifts but in the most tax efficient manner.
Please contact the Law Offices of James Yastion, PLLC at (845) 255-4400 to schedule an initial consultation to discuss what is the best charitable planning solution for you and your family.