Gifts of stock, especially long-term appreciated stock, provide benefits to RAIN and you. RAIN can put your funds to work immediately.
Account Title: RAIN, Inc.
Firm Name: Wells Fargo Advisors
Contact: Financial Advisor, Barbara Huffman (704-553-6359 / barbara.huffman@wellsfargoadvisors.com)
Please email Nathan Smith, a copy of the written order given to the Broker with the following information:
Your tax-deductible value for the stock transfer will be the average of the high and low prices on the day of the transfer. We will receipt you for the number of shares transferred at that average price. Please contact Nathan Smith with any questions or for additional assistance at 704-973-9818.
Explore how your legacy can serve generations of Charlotteans to come through planned giving.
Your Will or Trust is the most important part of your total estate plan. If you do not leave a will or trust, your good intentions may leave with you. With a will or trust, you can provide for those you love, make a charitable donation, and minimize taxes and other expenses.
One way to give is with a Bequest. Your will or trust can designate a gift to RAIN. Such a gift can take the form of cash, stocks, bonds, books, real estate, or any type of asset. You may also give a percentage of your estate. The bequest lets you pass on your gift to RAIN free of estate tax.
A Gift of Life Insurance to RAIN can be a way to make a significant donation. If you have existing policies for which you no longer need the coverage, consider assigning ownership to the Affiliate. By naming RAIN as both owner and beneficiary, you get a tax deduction and make a generous gift at a low cost.
Another way to donate is Gifts of Real Estate. If you own property that is paid off and has appreciated in value, an outright gift may be the simplest solution. You can deduct the fair market value of your gift, avoid all capital gains taxes and remove that asset from your taxable estate.
A Living Trust is often a good supplement to a will for those who wish to avoid the time and expense of probate. There are many kinds of trusts for many different purposes, but they all have one thing in common. They are a means of assuring that your property will be handled, and ultimately passed on, in the way you wish. For more information about RAIN, please contact Nathan Smith at 704-973-9818.
