Closely Held Business Stock

A business owner who contributes closely held stock to Compassion & Choices will be allowed a charitable deduction for the fair-market value of the stock. An additional benefit is that the donor will escape the potential capital-gain tax on any appreciation in the value of the stock.

Subsequent to the gift, the corporation could purchase the stock from Compassion & Choices for cash. This not only enables the donor to retain complete control over the company but also makes cash available to Compassion & Choices for its current needs. As long as Compassion & Choices is not obligated to sell the stock to the corporation, the transaction should produce no adverse tax results.

More Information

Contact Us

Sam Young, ESQ-LSW
Senior Director of Legacy & Planned Giving
(800) 247-7421, x2152
plannedgiving@compassionandchoices.org

 

Compassion & Choices
8156 S Wadsworth Blvd #E162
Littleton, CO 80128

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