Family Office Definition: Gifting Securities
Gifting Securities definition: Securities held more than one year may be gifted to charities for an income tax deduction. Additionally when the security is transferred directly (without being sold for cash), the donor is not responsible for capital gains tax. The gifted security also effectively reduces the size of the taxable estate.
Download our free Family Office Report to learn more about the family office industry.
Read more Family Office Definitions
Tags: What is gifting securities?, gifting securities definition, gifting securities family office, gifting securities term, define gifting securities, gifting securities wealth management, gifting securities multi-family office, gifting securities single family office