Reflections

Our mission is to support and contribute to assure the availability of quality health care services on the Hi-Line

Reflection Article

Have you Thought about Your gift to the Hi-Line Health Foundation?
A Tax-Wise Approach to Charitable Giving
(Strategies for preserving wealth)

Many individuals feel strongly about extending personal support to causes they believe in. If you’re one, perhaps you’re unaware of the difference such support can make in the effectiveness of your overall financial strategy and estate plan. You may not realize that in instances a philanthropic gift can:

Reduce income tax liability during your lifetime

Help manage capital gains tax

Enhance your asset yield

Help lower inheritance taxes on your estate

We would like to describe some of the most frequently used ways of incorporating a program of philanthropic giving into your estate plan. Of course it is always essential that you seek the advice of your estate-planning attorney, who can help you decide what approach is most suitable for you.

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