Charitable Tax Planning

You might already be involved in charitable planning which makes the discussion even easier. However, in many cases people do not see the benefit in charitable planning.

In a recent case, a client had a large tax that would be due on his stock and business sale. This client had never given anything to charity. Upon a recommendation to use charitable planning the client didn't want anything to do with it. Our question to this him was "who do you like less, the IRS or a charity"?

If done correctly, you can include charities and end up paying less to the charities than you would to the IRS.

What can we help you with?

Reduce or eliminate the capital gain tax on stock
Eliminate the need to do a 1031 exchange to eliminate the tax and recapture on selling real estate
Sell your business with little to zero tax
Eliminate the potential of up to 65% tax on IRAs, 401-Ks and annuities
Eliminate the estate tax due on life insurance
Receive a tax efficient or tax free income from assets

One Wealth Map, LLC is a SEC Registered Investment Advisor. For more information on our firm, please visit SEC.GOV for a full Form ADV II and the form CRS. Any discussion, text, video or communication on this site should not be considered a recommendation, projection, or assumption of any returns, risks, or future projections of any type of investment, process or plan. Any recommendation can only be made by one of our licensed advisors after consideration of acceptance as a client. No initial communications, without formal engagement should be considered a recommendation or suggestion. Aspire Tax and Accounting, LLC is a separate, Non-SEC Registered Advisor but is a commonly owned company practicing in tax and business advisory services. . Please visit our privacy policy and terms of service for this website. Please visit our Client Relationship Summary (ADV III) and our Firm Brochure (ADV II) This site is published for residents of the United States only. Investment Advisor Representatives of One Wealth Map, LLC may only conduct business with residents of the states and/or jurisdictions in which they are properly registered. Not all of the products and services referenced on this site may be available in every state and through every advisor listed.