From the Wall Street Journal:
What do the bull market, booming mergers and acquisitions, and possible changes to the tax laws have in common?
They all signal that it is a good time to open a charitable-gift fund—or add to one that already exists.
Also called donor-advised funds, the accounts offer charitably-minded investors an easy, low-cost and tax-favored way to manage their giving—and even to maximize it.
“My donations have been 10 times what they would have without this fund,” says Chanchal Samanta, a tech executive who lives in the Boston area and has a six-figure charitable-gift account he started 20 years ago.
Read the rest of this article on the Wall Street Journal’s website by clicking here.