Wills, Trusts, and Stocks

Click here to learn more about creating a will, trust, or estate plan.

Click her to learn more about donating stock.

Click here to learn more about God-honoring wills.

waystogive3Wouldn’t it be better if more situations in life were beneficial for both parties involved? For many believers, investing money in God’s work is a perfect example. And giving appreciated stock, instead of cash, can be a win-win situation for you and the ministry you love, like Winston-Salem Rescue Mission. Do you have stock that has increased in value from the time of purchase? Have you had it for more than a year? If so, you can avoid or reduce capital gains tax by donating the security to your favorite ministry or to a donor-advised fund and the total amount will still be eligible for a tax deduction! Just like a boomerang, you can give stock to a ministry, and receive a tax deduction in return.

When you bless a ministry with appreciated stock, you change lives for eternity. Then like a boomerang, a blessing returns to you as well with tax benefits and the satisfaction of knowing you have made a difference for the cause of Christ. Luke 6:38a says, “Give and it will be given to you. A good measure, pressed down, shaken together and running over…”