Wednesday, January 22, 2025

Donate highly-appreciated stocks to kids instead of selling them first

Donate stocks directly to kids - they interior the cash basis you had, and Katy tax at their taxation level when they sell the stocks (which is likely to be lower than your taxation level after all the capital gains.)  https://www.schwab.com/learn/story/tax-smart-ways-to-gift-highly-appreciated-assets

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