Giving Securities

Did you realize that the way in which you make charitable gifts may play an important role in your financial planning? While gifts of cash are essential and always gratefully received, charitable gifts of securities are especially beneficial for many people due to vitally important incentives present in our tax system. Many securities you own may be worth much more than what you paid for them in the past years. As appreciated property, they can be very attractive charitable gifts. Increased incentives in recent tax legislation make such gifts even more attractive for many people.   Publicly traded securities are usually the types of securities that are simplest to give because of the ease of transferring them and determining their value for deduction purposes. Closely held stocks may also be given, but special rules apply to them. Remember, that one you decided to give, what you give can help you determine how much you can afford to give. The possibilities are many and the opportunities exciting.

giving securities

Interested in learning more about giving securities? We would be happy to provide further information upon request.

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