Stocks are performing well this year, so consider donating to charities or non-profits you support before year’s end. Donate appreciated securities. If you’re 70 1/2 or older, use the Qualified Charitable Distribution (QCD). You can give up to $100,000. Create a Donor-Advised Fund (DAF). Establish a Charitable Remainder Trust (CRT). The annual gift tax exclusion is $17,000. You won’t receive a tax deduction but can reduce your estate through gift-giving to friends or family. Don’t wait until you die to bless others. #giving
Bill Parrott, CFP®’s Post
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The Nasdaq has dropped 3% or more 244 times since 1984, approximately 2.43% of all trading days. Source: Ycharts
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