Gifts of Farm Interests
Donating your farm interests, including land, grain, machinery, livestock and your farm, is an easy and tax-effective way for you to make a gift to GiftPlanning.com.
Benefits of gifts of farm interests
- Avoid paying capital gains tax on the sale of appreciated assets
- Receive a charitable income tax deduction and possible income
- Further our mission today
Gifts of farm interests video
How to make a gift of your farm interests
Your farm interests may be given to GiftPlanning.com by executing or signing a deed transferring ownership. You may transfer part or all of your farm assets to GiftPlanning.com. Please contact us to discuss the gift and deductibility of your unique assets.
Additional Information
- Mortgaged Property - If the property you wish to give has existing debt or a mortgage, please be aware that indebtedness can affect your charitable tax deduction.
- Difficult Property Gifts - Certain properties pose challenges. We have adopted policies to limit the acceptance of certain kinds of assets. Please check with us before making a gift of your farm interest so we can explain our gift acceptance policies.
- Capital Gains Tax - Check with us on the capital gains tax implications of your gift. You may also be interested in life income options.
Contact us
If you have any questions about gifts of farm interests, please contact us. We would be happy to assist you and answer your questions.