Tip of the Day!
Did you know you can lock in the gains of your appreciated securities and receive income (based on their present value) for the rest of your life?
In exchange for your gift of appreciated stock, you can receive:
- Guaranteed annuity payments for life (one or two beneficiaries);
- High rates of return;
- A current income tax deduction;
- Capital gains tax savings on the stock you donate;
- Tax-advantaged income (part ordinary, part capital gains and part tax-free);
- A choice of immediate, deferred, or flexible payments; and
- The satisfaction of supporting The Hotchkiss School.