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Stocks and Bequests
Gifts Of Stock A charitable gift of stock provides an opportunity for tax savings while generously supporting Texas Right to Life. Donating stock that has been held longer than one year allows you to avoid paying any capital gains tax that would otherwise be due. In addition, you can receive a charitable income tax deduction for the fair market value of the stock on the date it is transferred. And most important, making a stock transfer is simple. To transfer stock electronically, instruct your broker to wire stock to E*Trade, DTC # 0385. Please indicate that it is for credit to the Texas Right to Life Educational Fund, account number 6175-8881. Bequests A will is often regarded as a final representation of an individual’s core beliefs and values. The organizations and causes that are remembered in a will reveal the true character of the benefactor. By remembering the Texas Right to Life Educational Fund in your will, you can not only reduce your estate and inheritance tax, but also provide a charitable gift with lasting value. Your forethought and generosity will enable Texas Right to Life to protect and promote the sanctity of life for generations to come. To include Texas Right to Life in your estate plans, simply add to your will: “I give, devise and bequeath to the Texas Right to Life Educational Fund, tax identification number 76-0116723, 6776 Southwest Freeway, Suite 430, Houston, TX 77074 (insert percentage, amount or nature of gift, or remainder of estate) to be used for its educational purposes.”
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