We are 65 and have used Donor Advised Funds for many years. Whenever equities really get ahead of themselves, we donate appreciated shares to our DAF in order to rebalance back to where our asset allocation should be. We also transfer over appreciated assets when our marginal tax brackets are unusually high for that year. The DAF has allowed us to become more familiar with our philanthropic goals, which in turn has made it easier to have a clearer picture of our estate plans.
Comments
We are 65 and have used Donor Advised Funds for many years. Whenever equities really get ahead of themselves, we donate appreciated shares to our DAF in order to rebalance back to where our asset allocation should be. We also transfer over appreciated assets when our marginal tax brackets are unusually high for that year. The DAF has allowed us to become more familiar with our philanthropic goals, which in turn has made it easier to have a clearer picture of our estate plans.
Post: Is it better to give away money now or upon death?
Link to comment from June 24, 2024