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Charitable Giving

Winston Churchill once said, "We make a living by what we get, but we make a life by what we give." This is true no matter how grand or modest a contribution you can afford. And the fact is, your gift or bequest can have a significant and beneficial impact on the lives of others - if you know how to give most effectively.

Besides the good feeling that you can get from gifting, with effective planning…

  • You can have control over the amounts and timing of your charitable gifts with control over any corresponding tax impact;
  • The amount that you gift may be leveraged to increase its value;
  • The amount you gift may be excluded from your estate at death and not subject to estate tax;
  • The amount you gift may result in an income tax charitable deduction.

A charitable gift:

  • May be made both before and after death from nearly any kind of asset with value including real estate, investments, cash and other assets, including life insurance;
  • May be a tax-wise move* with effective planning, where gifts of tax-deferred retirement accounts may be considered.


* Lincoln Financial Advisors and its representatives do not offer legal or tax advice. It is not our position to offer legal or tax advice. This information should not be construed as legal or tax advice. You may want to consult a legal or tax advisor regarding this information as it relates to your personal circumstances.

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