What are the Primary Types of Assets that I can Gift?

The most common gifts tend to be cash or appreciated investment securities, but there are a variety of assets that may be gifted, including:

·      Securities or investments

·      Shares in a closely-held business

·      Life Insurance

·      Real Estate

·      Personal Property (artwork, coin collections, etc.)

One of the most tax-efficient gifts is that of a retirement account (IRA, 401-k, etc.) where an asset sale is a taxable event to an individual beneficiary, but may not be for a charitable organization. A Donor-Advised Fund (DAF) is another way to direct charitable gifts, either during or after your lifetime.