In addition to supporting the mission of Williams, a planned gift can provide substantial tax advantages, especially on gifts of stocks and real estate. The benefits may include:
Income Tax Deductions
Reduced Capital Gains Taxes
Reduced Estate Tax
Income for Life
Simply by taking advantage of incentives the IRS provides, you and your advisor can craft a gift that fits your needs, as well as the needs of Williams. Even with the increased standard deduction in the tax law that became effective January 1, 2018, an immediate 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 Williams to all benefit.