We're in the fortunate position of having done well between work, strong savings and a strong stock market to the point our retirement is essentially overfunded. DW and I are looking to start increasing charitable contributions and develop a more structured plan going forward.
We've read about DAFs but I guess I don't see the point of pushing the $ out of our estate and paying a management fee when one can just gift appreciated securities and take the tax write-off. Is it a front-loading mechanism? Or is it so you can sell the equities in the DAF and give cash to smaller charities that can't accept equities directly?
We've read about DAFs but I guess I don't see the point of pushing the $ out of our estate and paying a management fee when one can just gift appreciated securities and take the tax write-off. Is it a front-loading mechanism? Or is it so you can sell the equities in the DAF and give cash to smaller charities that can't accept equities directly?
Statistics: Posted by malbecman — Thu Aug 29, 2024 12:13 pm — Replies 14 — Views 390