In this episode of Wisdom and Wealth, host Cory Procter dives into tax-smart strategies for charitable giving. He explains why donating cash is often the least efficient option, since it may expose givers to higher tax burdens. Instead, he highlights the advantages of donating appreciated stocks, which allows donors to bypass capital gains taxes while maximizing their impact.

Cory also compares donor-advised funds with private foundations, noting that donor-advised funds are typically simpler to manage and come with stronger tax benefits. For landowners, he explores the use of conservation easements, which provide both long-term land preservation and significant tax deductions.

Finally, Cory shares bonus gifting strategies, including making use of the annual gifting exclusion and paying education costs directly to institutions—both of which can avoid the need for gift tax reporting.

This episode provides practical, tax-savvy ways to align generosity with financial wisdom.

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