Alterra Advisors

Details of Our Charitable Giving Strategies

By implementing a Charitable Remainder Trust we were able to minimize the taxes on the sale of John’s company stock. This allowed John to divest himself of this stock without paying any of the anticipated taxes and then also realizing a tax deduction of nearly $500k by donating the fully appreciated stock as a charitable gift.

We also utilized a Donor Advised Fund with tax loss harvesting for their taxable investment accounts to minimize the capital gain tax due on their investments over the course of the next 40-some years of their projected lifespan.

This meant they could give away even more each year – almost $300k annually – in appreciating stock, without ever impacting their own living income.