Securities

Securities are the most common form of noncash charitable gifts. Securiteis are easily transferred and are often more attractive to give than cash for several reasons 1) If they are appreciated, your tax deduction may be more than you actually paid for the securiteis 2) If they are appreciated, gifting them to a charity in place of cash will avoid capital gains taxes 3) You may need your cash. The most common forms of securities gifts are shares of stock, bonds, and shares of mutual funds.

Is this right for me?

Do I have genuine charitable intent? - yes

Do I have highly appreciated securities? - yes

Are my securities marketable? - yes

How Do I Make a Gift of Securities?
How you gift the securities will depend a lot on your estate assets, your charitable interests, and your goals. Securities may either be given directly to a charity or may be used with nearly all estate planning tools. Some of the charitable gifting and estate planning tools to consider arethe Charitable Remainder Unitrust, Charitable Remainder Annuity Trust, or Charitable Gift Annuity. In larger estates, securities are an ideal asset to fund a Charitable Lead Trust. An outright gift of securities may also be made through a Revocable Living Trust or a Will.

Advanced Legal Planning, LLC would be happy to assist you and your advisors in designing your charitable gifting plans.

Tools Used With This Asset (Securities)