Recent Sale of Raven Industries Is a Good Reminder Why Donating Appreciated Stocks Makes Great Sense
Donating appreciated stocks not only allows the avoidance of capital gains tax, it also provides an immediate deduction for the fair market value of the asset. And donating that stock to a donor advised fund gives you time to thoughtfully consider where and how to apply your charitable gifts for the greatest impact. With looming tax law changes on the horizon, and the recent sale of Raven Industries, there's never been a better time to act.
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