Stock Donations

Stock Donations

You may have enjoyed significant gains in the stock market and other investments. If you own stock, bonds or mutual funds that have appreciated in value, you have a unique opportunity to realize double tax savings by making an outright gift! First, you would earn a federal income tax deduction for the full fair market value of the securities as long as you have owned them for longer than one year. Second, you would avoid all of the capital gains tax that would be due on the sale of the securities.

Note: Please consult your financial or legal advisor for more details on stock donations.