Donor Advised Funds make charitable giving enjoyable and easy. A QCD is also relatively simple logistically but is more cumbersome than the Donor Advised Fund. You (or your advisor) will need to ensure there is sufficient cash in the account to cover any checks you write. Additionally, receivin...
In addition, there can be fees attached to donor-advised funds and some set a minimum donation. Pros Control over account Immediate tax benefits Allows donation of non-cash assets Cons Don’t get final say on which charities receive your donation ...