Serving as Christ’s Living Presence to North Omaha since 1915
Appreciated Assets
Some assets may have grown in value during the time you owned them. If you sell these assets, you will likely have a capital gains tax to pay. If you gift these assets to our congregation, we can typically sell them with no tax consequence, allowing a larger portion of your asset to go to support our mission and ministry.
If you have owned stock longer than one year, own a home or apartment building, own equipment that you have depreciated or have any valuable collectibles, you can gift ownership of these assets (or a portion of these assets if you do not desire to gift the entire value). You will be eligible for a tax deduction and will typically bypass the capital gains tax due if you had sold the asset yourself.
For more information about gifting appreciated assets, contact Lutheran Planned Giving Services, at 888-891-5728 or lpgs@lpgs.org.