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Gift Planning: Ways to Create a Lasting Legacy

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Gifts of Stock and Appreciated Assets


How It Works

  • You transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to BrightFocus Foundation* and/or its program(s).
  • BrightFocus* sells your securities and uses the proceeds for its programs.

Benefits

  • You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
  • You pay no capital gains tax on the transfer when the stock is sold.
  • Giving appreciated stock could be more beneficial than giving cash.


The material presented on this Planned Giving website is not offered as legal or tax advice.
Read full disclaimer|Sitemap|Planned Giving Content © 2014 VirtualGiving.com

*BrightFocus programs are Alzheimer's Disease Research, Macular Degeneration Research and National Glaucoma Research


The material presented on this Planned Giving website is not offered as legal or tax advice.
Read full disclaimer|Sitemap|Planned Giving Content © 2013 VirtualGiving.com

 

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