As the stock market has fluctuated, bonds have grown popular because of their security and steady return. Redeeming bonds can complicate your tax situation, however, so giving them as a charitable gift in your will may be a smart way to support a cause you believe in and relieve some of the tax burden on your estate.
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Strengthening Your Bond With Philanthropy
Do you have old U.S. savings bonds tucked away for a rainy day? While you may have bought the bonds thinking that you would redeem them for cash or reinvestment, bonds are often forgotten. Or, some people put off redemption because the accumulated interest normally will be taxable. Read on to discover a way to use these bonds to support our mission. [More...]
