Planned Giving: Gifts of Business Interests Illustration
How it works
You give shares in a closely held corporation or an investment partnership to Physicians Committee for Responsible Medicine.
PCRM receives income distributions, and may sell the shares to a third party.
- You receive gift credit and an immediate income tax deduction for the appraised value of the business interests, net of any other liabilities that may pertain to it.
- You may be able to use a business interest to create a life-income arrangement, such as a flip unitrust.
- You have the satisfaction of making a significant gift that benefits both you and PCRM during your lifetime.
For more information