PRINCETON generations

Ideas and Strategies from the Office of Gift Planning at Princeton University

Making a List, Checking it Twice

Skip Fox ’75

Preparing your end-of-year checklist? Don’t forget the many ways to give to Princeton, says 1746 Society member and estate planning expert Skip Fox ’75:

  • Give appreciated stocks, bonds and mutual funds. You get an income tax deduction for full market value — and eliminate capital gains tax.
  • Convert market gains to income with a Princeton life income gift. Submit a Generations reply form to request your personalized illustration of life income gift benefits.
  • Decrease your taxable income with a qualified charitable distribution (QCD) from your IRA, if you are over age 70 1/2.

Contact the Gift Planning team at 609-258-6318 for more information and to learn about the Annual Giving Legacy program.

The information presented is not intended as legal or financial advice. Please consult your own professional advisors to discuss your specific situation.

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This entry was posted on December 12, 2023 in FALL 2023.

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The information presented is not intended as legal or financial advice. Please consult your own professional advisors to discuss your specific situation.

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Photos by Bentley Drezner and Steve Freeman and courtesy of Donna and Hans Sternberg and Skip Fox