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Stocks, Bonds, Life Insurance & Real Estate
Stocks and bonds may be given so the donor can deduct the full fair market value as a charitable contribution and thus avoid capital gains tax on the appreciation.
Life insurance can be used to create a major gift at relatively low cost to the donor. If ENCORE Ministry is named owner or beneficiary of a new or existing policy, the donor receives a tax deduction. Additional premiums paid through ENCORE Ministry are tax deductible and proceeds pass to ENCORE Ministry free of estate tax.
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