Do you own securities with a considerable appreciation in value? They could be the ideal way to donate do Domaine Forget de Charlevoix.
A gift of securities to Domaine Forget could be a particularly advantageous option from a tax standpoint:
It is possible to make a gift of securities immediately or in your will. The tax benefits remain the same, but the tax receipt will be made out to the estate in the case of a bequest.
Example securities donation
You own $10,000 worth of securities that you bought for $2,000 about 10 years ago. You wish to make a gift of $10,000 to Domaine Forget. You can donate the securities or donate the proceeds after selling the shares on the market.
The table bellow demonstrates the tax benefits of donating the securities rather than a cash equivalent gift.