An individual may leave cash, real estate, securities or other personal property in his/her will to Catholic Charities, and the value is deductible from the estate of the donor. We strongly recommend that you consult an attorney in the preparation of your will and to supervise its execution so as to comply with your state requirements.
Gifts of life insurance can be made to the Annual Appeal. Donors may also purchase an insurance policy with Catholic Charities as the owner and sole beneficiary. All premiums paid by the donor are tax-deductible.
With a planned gift, a reliable stream of income will be provided for yourself and your lovedones. In addition, you may avoid or reduce capital gains taxes on long-term appreciated assets,such as securities or real estate.
Gifts of Stock
Gifts of stock or other securities are a great way to reduce your tax liability while benefiting Catholic Charities. You may receive a charitable deduction for the market value of the stock at the time the gift is made. Before you make a gift of appreciated securities, consult your financial planner or tax advisor to determine how the potential tax advantages apply to your situation.
Learn more by contacting Heidi Garcia in the Office of Advancment at 781-380-4776.