Your gift -- Securities, Bonds, Company Shares
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2006 Federal legislation allows you to transfer ownership of your
securities, bonds or publicly traded company shares to the GNGH
Foundation without having to pay capital gains, plus you get the tax credit
for the fair market value of the items.
Always consult your financial advisor or stock broker before you transfer
ownership of securities, bonds or publicly traded company shares.
Cashing in the item and making a gift of the proceeds from the sale will
trigger capital gains taxes which may negate the benefit of your charitable
gift. Ask him or her to explain all fees associated with either the transfer
or sale of these assets.
Leaving a gift by naming the GNGH Foundation as a beneficiary of securities, company shares or bonds entitles you to become a member of the Heritage Society.
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Always consult with your professional advisor (estate lawyer, accountant, insurance representative, or financial planner) before making any planned gift.
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