A gift of appreciated securities such as stocks, mutual funds, and bonds can provide attractive benefits for the donor. An outright gift of long-term appreciated securities (securities held for more than a year) avoids capital gains taxes and in most cases, the donor obtains a charitable income tax deduction equal to the market value of the securities.
For information about transferring stock, contact:
303.722.0300 or 1.800.288.1376 or email@example.com
If you would like to transfer the stock by wire to The Legal Center’s broker, Kevin Kopp at Salomon Smith Barney, we will provide you with their phone number and any other information the broker needs. Of if you would like to transfer the stock within your broker’s firm, The Legal Center will open an account at that firm. Once the account is open, you will need to give instructions to your broker to transfer the stock to the new account.