While cash donations are the most straightforward form of giving, they are often not the best option for the enlightened donor. In addition, for most high-net-worth individuals, cash and cash equivalents comprise less than 5 percent of their assets. Non-cash assets offer a plethora of opportunities that can be both tax-efficient and impactful. You can play a key role in your client’s giving by working closely with them to align the ideal asset to meet their giving objectives. In this dynamic and interactive session, we will explore various non-cash giving strategies and what your clients must understand to make the most of these opportunities.
Topics will include the following:

1. Non-cash assets that are frequently donated to charitable organizations

• Publicly traded securities
• Individual retirement accounts (beneficiary designations and lifetime qualified charitable distributions)
• Real estate
• Personal property, such as art and collectibles
• Cryptocurrency and digital assets, such as Bitcoin and Ethereum

2. Considerations and benefits of non-cash assets that clients must understand to optimize their charitable giving strategy

• Tax benefits of non-cash asset donations for non-itemizers and for itemizers
• Determination of the value of the asset gift from the perspective of fair market value, basis, and holding period
• Valuation and appraisal requirements and issues
• Tax compliance related to income tax deductions and gift tax filing requirements
• Potential complexities and costs

3. Working with the gift recipient charity to shepherd the asset gift

• Educational opportunities
• Marketing opportunities
• Life income gift conversations
• Case studies and examples