Gifts of Publicly Traded Securities
If you own highly appreciated securities you can benefit from preferential capital gains tax treatment by gifting the securities directly to the Nature Trust of New Brunswick instead of selling them and then giving the cash. There is no capital gains tax on gifts of securities and you will receive a charitable tax receipt for the full value of the gift.
How to do itβ¦
Call or email us and let us know the following:
- Your full name
- The name of the securities and the number of shares
- The name and firm of your investment advisor
Then, ask your advisor to electronically transfer the securities to:
| Our brokerage firm: |
TD Waterhouse |
Account number:
|
666M71A β For gifts of Canadian securities
|
|
|
666M71B β For gifts of American securities |
| Account name: |
The Nature Trust of New Brunswick, Inc. |
FINS# - T 007 CUID# - GIST DTC# - 5036
You will receive a tax receipt based on the value of the shares as of the market close on the day that the securities are received into our brokerage account.
To print out a copy of this information for your broker, click here.
Photo Credits:
1 β Sugar Island Nature Preserve, Don Vail