Cryptocurrency

Cryptocurrency is a digital currency that allows people to make payments directly to each other through an online system. They have no legislated or intrinsic value, but are simply worth what people are willing to pay for them in the market. Donating cryptocurrency has several advantages especially for those who have seen their cryptocurrency value highly appreciated and are looking to remove the asset from their estate with no capital gains tax paid on the appreciated value. By donating cryptocurrency, individuals receive charitable income tax deduction in addition to the asset being removed from the estate. We are happy to discuss this giving option at your convenience!