Donating stock or fund shares will wipe out any capital gains tax bill assuming you owned the asset for at least one year.
Carla Fried is a freelance personal finance journalist at various esteemed publications. She specializes in topics related to personal finance, investment strategies, and consumer advocacy, contributing her insights to notable outlets such as The New York Times, Money Magazine, and Barron's. Carla's work has also been featured in a diverse range of publications including the Atlanta Journal-Constitution, CNBC, and Forbes.