Alternative Ways to Give
An outright gift of appreciated marketable securities is an attractive method of giving to SAMS. With long-term appreciated securities, those held longer than 12 months, you will receive a charitable income tax deduction for the full market value of the gift. You will avoid paying capital gains tax on the appreciation and you will ultimately make a difference for the Kingdom of God with your generous gift to SAMS. It is simple to make a gift of stock or give shares of a mutual fund. If interested, please contact our Director of Accounting for further information.
The majority of people understand the importance of having a good estate plan in place, yet more than 70% of Americans do not have a current will. Despite their best intentions, many people are still reluctant to take the necessary steps of creating an estate plan.
However, estate planning can benefit you, your family, and ministries of your choice. In addition to the benefits below, estate planning can reduce costly and lengthy legal proceedings for the division and distribution of assets. It will also assure you that your assets are allocated according to your desires. Estate planning can:
- Reduce your income taxes
- Avert capital gain tax
- Increase your current income
- Receive payments for life
- Achieve no-cost, worry-free asset management
Please contact our Director of Accounting to discuss this type of gift in more detail.