Stocks and Bonds

For example, if you purchased stocked valued at $1,000 over a year ago and it is now worth $3,000, you may transfer (not sell) the stock to the ministry and avoid the capital gains tax on the $2,000 gain. The benefits are huge – not only does it sow into the ministry $3,000 from the initial $1,000 investment, but you reduce your taxable income as well. The actual method of giving stocks, bonds, mutual funds and real estate will vary depending on the investment held.

Anyone contemplating such action should always first consult their Broker or Financial Advisor.

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