Can I make a tax-deductible charitable contribution of Qualified Replacement Property?
Charitable contributions of Qualified Replacement Property are tax-deductible under the Code and are not taxable dispositions under the ESOP rollover rules. Qualified Replacement Property may also be contributed to a charitable remainder trust or annuity, which allows the donor to receive continuing income on a tax-advantaged basis, and removes the property from the donor’s estate for estate tax purposes. Charitable giving techniques can maximize the tax and financial benefits of an ESOP rollover.
Charitable contributions of Qualified Replacement Property are tax- deductible under the Code and are not taxable dispositions under the ESOP rollover rules. Qualified Replacement Property may also be contributed to a charitable remainder trust or annuity, which allows the donor to receive continuing income on a tax-advantaged basis, and removes the property from the donor’s estate for estate tax purposes. Charitable giving techniques can maximize the tax and financial benefits of an ESOP rollover. Return to the top of the page.
