Gifting assets to others can be a valuable tool in estate planning, and gifts can help you reduce your taxable estate and avoid the probate process. Your gift to Mt. Carmel will be used to better the lives of thousands of veterans, military members, and their families in Southern Colorado.

You can contribute appreciated property, like stock, bonds, and other securities, and receive a charitable deduction for the total market value of that asset. Along with that, you won’t pay any capital gains tax when transferring.

Gift planning doesn’t have a dollar amount restriction and does not need to be income- based. Anyone can set up gift planning as part of their estate plan. Gift examples include:

• Cash

• Personal property

• Securities such as stocks, bonds, IRA, and CDs

• Annuities

• Life insurance
• Business
• Trusts
• Real Estate
• Collectibles like art, jewelry, and antiques