Stock Transfers

Gifting publicly-traded stock that you have owned for more than one year may provide better tax benefits than giving cash.

For stock held in brokerage accounts, your broker can assist you in making a gift of stock via a direct transfer to FWM.

Your charitable income tax deduction is equal to the fair market value of the stock, and you avoid paying the capital gains tax on any increase in the current value over the original cost of the stock.