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Home » Estate Planning » Would You Prefer a Charitable Deduction This Year?

Would You Prefer a Charitable Deduction This Year?

March 1, 2018 by Larry Parman, Attorney at Law

Perhaps you would prefer to take a charitable deduction this year. Maybe you have higher income this year, or the reduced ability to take a deduction next year. A donor advised fund may make sense for you. A donor advised fund allows a deduction this year, even though distributions will be made to public charities in future years. Read on to learn more about a donor advised fund.

Would You Prefer a Charitable Deduction This Year?

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Larry Parman, Attorney at Law
Larry Parman, Attorney at Law
Founder and Owner at Parman & Easterday
After helping his own family deal with a lengthy probate and the IRS following his father’s untimely death in a farm accident, Larry Parman made a decision to help families create effective estate plans designed to reduce taxes, minimize legal interference with the transfer of assets to one’s heirs, and protect his clients’ assets from predators and creditors.
Larry Parman, Attorney at Law
Latest posts by Larry Parman, Attorney at Law (see all)
  • What Happens to Assets When Creating a Trust? - February 27, 2017
  • Are Living Wills Different from Regular Wills? - February 28, 2017
  • Why Wills are Such a Common Estate Planning Tool? - March 1, 2017

Filed Under: Estate Planning, Legal Education Tagged With: charitable deduction, donor advised funds, Estate Planning, planning, trusts

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