Winter 2008 Rapport: Development Outlook

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Tax advantage not well known

According to a recent news report, most American donors are not aware that they can realize additional tax savings if they give appreciated stocks or property rather than cash. If given by December 31, you may be able to avoid the capital gains tax you might incur by selling the stock or property to donate the proceeds, and you may receive a 2007 tax deduction for the value of the property. Consult your financial advisor and AGTS for more details.

Updated: Tuesday, December 11, 2007 10:52 AM