Giving Stock to Austin Recovery
Austin Recovery gratefully accepts gifts of stock, appreciated assets, and publicly-traded stocks and bonds in support of our work. A stock portfolio is often among your most valuable assets, and one that carries substantial capital gain -- appreciation in value. The downside to assets that have increased in value over the years is that the federal government is prepared to levy taxes of up to 15 percent on your capital gain from securities. With careful planning, you can reduce or even avoid federal capital gains tax. A contribution of stocks can be one of the best defenses against capital gains taxes.
As with all transactions involving stocks or appreciated assets, you should discuss potential advantages and disadvantages of such transactions with your financial consultant or attorney.
To learn more about giving stock to Austin Recovery please contact Christina Hernandez, Director of Administrative Operations at 512-697-8501 or firstname.lastname@example.org.