Stocks, bonds or any other securities can be transferred as gifts. They can be assigned directly to Care Resource, or transferred through your broker. The mean market value on the date of transfer will determine the value of the gift for tax purposes.
Gifts of appreciated securities may be tax deductible. The deduction is based on the full fair market value, and capital gains tax is not due when stock is transferred to Care Resource.
Please contact Care Resource at 305-576-1234 Ext 384, or by email at email@example.com before you make a transaction.