When it comes to managing your assets and making the most of your charitable contributions, Daffy offers a compelling solution with its donor-advised fund (DAF). If you're considering selling assets like stock or crypto in your personal accounts, you should be aware of the tax implications. Typically, selling these assets will incur federal, state, and local taxes on the capital gain. However, Daffy offers a tax-efficient alternative. When you contribute long-term capital assets like stock or crypto to a DAF, such as the one provided by Daffy, you can take an immediate tax deduction for the full market value of the asset in the year the contribution is made. If the asset has appreciated in value since its initial purchase, you won't be responsible for paying capital gains tax on the gain. This can represent significant tax savings compared to selling the asset and donating the proceeds. But the benefits of using Daffy's DAF don't stop at tax savings. With Daffy, you can save, invest, and give all in one place. You can put money aside at any time, invest it in a portfolio of your choice, and watch it grow. When you're ready to give, you can donate to over 1.5 million charities. All of your donation history is conveniently available in one place. Moreover, Daffy makes it easy for charities to accept complex assets like stocks, ETFs, and crypto at no cost to them. When you want to donate the value of these assets, Daffy handles the process. They liquidate the shares and send cash to the selected charity, saving the charity from the headache and expense of managing an organizational brokerage account to receive stock donations. In conclusion, Daffy's DAF offers a tax-efficient, convenient, and flexible solution for managing your assets and making charitable contributions. Whether you're looking to optimize your tax savings, grow your assets, or support your favorite charities, Daffy has you covered.