Assateague Coastal Trust
ACT To Protect Our Coastal Bays

Charitable Contributions

As you meet with your financial advisor to plan for next year’s “contribution” to the IRS, remember that donations to ACT can offer significant tax advantages. Gifts may be accepted from any of the following:

• Cash
• Stocks
• Bonds
• Life Insurance
• Real Property -- Homes, Farms, Undeveloped Properties, Commercial Properties, 2nd Residences, Condominiums, Town Homes
• Personal Property -- Artwork, Jewelry, Boats, Furniture, Equipment

Many of these gifts listed may be appreciated assets. Gifts of appreciated assets are an advantage to the donor because they result in a tax deduction for the “full market value” of the asset. The donor is not taxed on any of the appreciation the property has gained since purchase.

For more information, consult with your financial advisor or contact ACT Development Director, Steve Farr.

Copyright 2012, Assateague Coastal Trust
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