Securities

Gifts of appreciated capital assets such as stocks, bonds, and real estate can have significant tax advantages by avoiding capital gains tax in addition to providing a deduction. The amount of the deduction is based upon the market value of the asset on the date of contribution instead of the original purchase amount. The market value of the assets is deductible up to thirty percent of your adjusted gross income. By transferring the assets to ETBU rather than selling them, you avoid payment of a capital gains tax on the appreciation. If you have appreciated assets, you may want to consider transferring all or a portion of them to ETBU. Our development staff will provide assistance in coordinating the transfer with your broker.

Gifts of appreciated capital assets such as stocks, bonds, and real estate can have significant tax advantages by avoiding capital gains tax in addition to providing a deduction.

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