It's no coincidence that year's end is the time that many families choose to make gifts in support of their favorite charities.  Most people who make such gifts are aware that a gift completed by December 31 can generate a valuable income tax deduction when filing time arrives the following April.
 

However, a number of very attractive benefits in addition to the charitable income tax deduction are available to people who make year end gifts.  Through the use of creative giving strategies, donors can realize substantial advantages including:

•  Increasing current or future income
•  Reducing income taxes
•  Avoiding capital gains taxes
•  Reducing future estate taxes
•  Conserving assets for family