Special Times to Give Securities Consider a gift of appreciated securities whenever you prefer not to incur capital gains tax, such as in these circumstances:
When a takeover is contemplated:
Rather than tendering the securities, give all or part of your holdings to Washington University. The University will not incur capital gains tax when it tenders the stock. Consult your tax advisers regarding such a transaction.
When you wish to upgrade your portfolio:
Donate appreciated, low-dividend stock. Use your cash to buy stocks that pay higher dividends.
When you wish to donate cash or holdings in your closely held corporation:
Give your corporation's stock to the University. Let us discuss with you the practical ways to use closely held stock as a gift.
When you wish to increase your cost basis in a stock you intend to hold:
Give your low-basis securities to the University. Use your cash to purchase more of the same stock at current market prices and thereby increase your cost basis without incurring any capital gains tax.
When you want a higher yield:
Participate in a Washington University Life Income Plan by giving low-yield, highly appreciated securities. The University can reinvest your gift, usually without a capital gain liability, and pay life income, frequently at a higher rate, to you and/or another beneficiary. You also get an income tax deduction for a portion of your gift.
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