Making a gift of appreciated stock to HPR rather than simply writing a check can offer tax benefits that are twofold:
- You may be able to avoid paying capital gains tax on the increase in the value of the stock.
- You receive an income tax deduction for the fair market value of the stock at the time of the gift.
To make a gift of stock to HPR, please provide your financial advisor with this information:
Merrill Lynch Account Number: 145-04B77
Depository Trust Corporation (DTC): 8862
Federal Tax ID#: 51-0191809
Contact: Winnie Lam
To learn more, call Valerie Yee at (808) 955-8821 or email email@example.com.