Planned Giving

Gift of Stock

Should I consider a stock gift if the market is up? YES!

Should I consider a stock gift if the market is down? YES!

WHY?

A stock gift is deductible at present market value regardless of your cost basis. You get an income tax deduction, and you pay no capital gains tax.

Typical situation
Jim owns 200 shares of A to Z stock for which he paid $10 a share; total cost $2,000. The stock is now at $30 a share: total value $6,000. He gifts the stock (no cash).

Gift Credit at IHTAF………$6,000 ___Income Tax Savings……$2,100
Tax Deduction……………...$6,000 ___Capital Gains Savings…...$800
Total Savings………………..$2,900

IHTAF receives………………$10,000
Jim saves……………………..…..$2,900
Jim's original outlay……………$2,000

I have an interest in gifting stock

Contact Information ________________________________

Name ____________________________________________

Street Address _____________________________________

City _____________________ State _____ Zip __________

Email ________________ Daytime phone # _____________

Who to contact: Dalton J. Raymond, National Director of Planned Giving.

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