Appreciated Securities: Stocks, Bonds, Mutual Funds, and Other Assets
Smart gift planning combines charitable intent with cost-efficient planning techniques. Of critical importance is the kind of asset used to fund the gift. Usually, long-term appreciated property can generate the most favorable tax benefits.
Reason: Gifts of such property provide a double benefit—a charitable deduction, in most cases, for the full fair-market value of the property—plus avoidance of any potential capital-gain tax.
We recommend these provisions and benefits be discussed with your attorney and tax advisor.
