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Stock Gifts

Old stock certificates. American companies shares. Vintage scripophily objects.

  • Income tax deduction. If you have held the securities for at least one year and itemize your deductions, you may be able to take an income tax deduction for the value of the securities.
  • Avoid capital gains. By transferring the securities directly to CSEMS (rather than selling them and making the gift with cash), you avoid having to pay capital gains tax on the increase in value.

Appreciated securities can also be used to establish a gift annuity or charitable trust which may provide additional benefits to you and your loved ones. Gifts of appreciated securities held in the broker’s name may be made by wire transfer.

To make a gift, please consult with your financial advisor.

*This information is intended only as general guidance and should not be construed as legal or tax advice. It is important to check with your tax advisors regarding your specific situation.

Note: This material was updated February 18, 2016.