Closely Held Business Stock

Closely Held Business Stock Diagram

How It Works

  1. You make a gift of your closely held stock to Taft and get a qualified appraisal to determine its value
  2. You receive a charitable income-tax deduction for the full fair-market value of the stock
  3. Taft may keep the stock or offer to sell it back to your company

Benefits

  • You receive an income-tax deduction for the fair-market value of stock
  • You pay no capital-gain tax on any appreciation
  • Your company may repurchase the stock, thereby keeping your ownership interest intact
  • Taft receives a significant gift

More Information

Contact Us

Stephen W. Starnes, Sr.
Planned, Estate & Major Gifts
Office: 860-945-7747
Mobile: 215-789-8125
SStarnes@TaftSchool.org

 

The Taft School
110 Woodbury Road
Watertown, Connecticut 06795

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