| Outright Gifts An outright gift can be made in a variety of forms: A gift of Cash qualifies an individual for an income tax charitable deduction, subject to the current provisions and limitations of the tax law. A gift of Securities, such as stocks or bonds that have appreciated, can produce significant tax savings. The full market value of a gift of long-term capital gain property is deductible for tax purposes, and there are no capital gains taxes on the appreciated amount. Because of this, the value of the gift can be far greater than its cost to you. A gift of stock in a closely-held corporation can be made just as other gifts of property, and such gifts often help reduce the usual problems of valuation for purposes of income tax, gift tax and estate planning. A gift of Real Estate has the same tax advantages as a gift of securities, including full value deduction and avoidance of current income tax. You can make any gift of real estate, including residences and income-producing properties. A gift of Personal Property can include such tangible items as rare books, vehicles or equipment. These qualify for a deduction of the full market value of the gift property when four conditions are met:
A Matching Gift is a way for you to double, or even triple, the value of your gift. Many corporations have matching gift programs by which an employee's gift of cash or securities will be matched according to a formula. Copyright ©
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