You don’t need to be wealthy to make an impact and get a win‐win.
Do you have to make a multimillion‐dollar gift to a charity to receive immediate or future financial benefits? No. If you’re not yet a millionaire or simply a “millionaire next door,” yet want to give, consider the following options which may bring you immediate or future tax deductions.
Partnership gifts. These gifts are made via long‐term arrangements between donors and recipient charities or non‐profits, usually with income resulting for the donor and an eventual transfer of the principal to the charity at the donor’s death.
For example, a charitable remainder trust also all...