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Gifts of Business Interests
Closely held stock
How it works
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You give shares
of closely-held stock to Berkeley. |
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Berkeley offers the stock back to your company for redemption or re-purchase and uses the proceeds for its programs. |
Benefits
- You receive gift credit and an immediate income tax deduction for the appraised value of your shares, even if their original value was close to zero.
- You pay no capital gains tax on any appreciation that has taken place in the shares.
- Under certain conditions, you may be able to use closely-held shares to fund a life-income arrangement, such as a FLIP Unitrust.
- You can have the satisfaction of making a significant gift that benefits both you and Berkeley during your lifetime.
For more information
Email us, complete the personal gift proposal form, or call us at 510-642-6300 so that we can assist you through every step of the process.
