In addition to supporting the mission of GDS, a planned gift can provide substantial tax advantages, especially on gifts of appreciated property. The benefits may include:  

  • an income tax deduction
  • reduced capital gains taxes
  • reduced probate costs and estate taxes
  • income for life

By taking advantage of incentives that Congress provides, you and your advisor can craft a gift that fits your needs. Even with the increased standard deduction in the tax law that became effective in 2018, an income tax charitable deduction resulting from a planned gift may lead to itemizing deductions and greater tax savings. A planned gift makes it possible for you, your loved ones, and GDS to all benefit.