disaster victims, and a depressingly wide range of other choices. Items that you no longer need can include almost anything, such as furniture, household effects, clothes, books, cutlery, or toys. Sometimes you can request a transport service truck if you wish to donate many items or particularly large ones. It is a wonderful way to give back to the community and to be rewarded for a kind act. Furthermore, you can get tax deductions for your contribution. The available tax deduction to the donor depends in part on the donor’s items value, which is the value of the items for taxation purposes at the time that it is inherited. If a charitable donation is not specifically authorized in a will or trust, the estate may not properly take a deduction for the donation. The estate is not eligible for deductions for the transfers to charity by the beneficiaries; however, the individuals may donate items which were passed to them from an estate and can claim a charitable deduction on their personal tax returns. After you had gone through the process of separating items for yourself, for your family members, for sale, and for donation, the last step to clear the remaining items would be to simply throw them away. Depending upon the size and amount of material to be discarded, this may mean taking it out to the garbage or engaging a commercial clean-out and hauling service. • • • THROWAWAY ANY REMAINING ITEMS THAT HAVE NO SIGNIFICANT OR SENTIMENTAL VALUE
21
Powered by FlippingBook