Jill Is Considering Making a Donation to Her Church

question 1723

Essay

Jill is considering making a donation to her church. She wants to give $50,000 for the new church building. She has some stock with a FMV of $50,000 and an adjusted basis of $10,000 that she has held for 3 years. She is planning to sell the stock and donate the $50,000 proceeds to the church. What should she consider before taking that action?

---

Definitions:

Teaching Parenting Skills

The process of educating and guiding parents or guardians in effective child-rearing practices, promoting positive communication, discipline, and emotional support.

Medication Nonadherence

The failure to take prescribed medications as directed, which can compromise the effectiveness of treatment.

Long Acting Antipsychotic

Medications designed to manage symptoms of psychiatric disorders, with effects that last for an extended period after administration.

Trust

Confidence in the reliability, truth, ability, or strength of someone or something, essential in forming healthy interpersonal relationships and therapeutic alliances.