Holiday feelings are among us and people are making the effort to give to those less fortunate. While cash is accepted by every charity, it may be in your best interest to gift appreciated stocks or mutual funds; this way you get a double tax benefit. you may be able to deduct the value you donated plus wipe out the future capital gain tax. Today I look at how this gifting strategy has affected people living in and out of California. Other topics:

• Gaining exposure to dividend achievers
• Donor Advised Fund to accelerate tax deductions
• Credit and other money matters with your children
• Analyzing your health going into retirement

Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.

The 2017 tax cut has drastically changed the way taxes work. Most people in America will no longer itemize their deductions, which has charities frightened that people will stop donating. This could be a very real problem should anybody reconsider charitable gifts if they don’t think they’ll get a tax deduction.

• Best ways to give over age 70 1/2
• Giving appreciated stock instead of cash
• How to use a Donor Advised Fund to lump gifting in order to get a deduction

Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.

If you have a sizeable estate, is there anything you can do to reduce your exposure to estate taxes? A charitable remainder trust (CRT) may be the answer. In this podcast, Chad Burton, CFP^®, explains how CRTs work and how they may help you give back, avoid taxes and leave more to your kids.

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