Gifts of Mutual Fund Shares and U.S. Savings Bonds

By Gifts in kind

The first time I received a gift of mutual fund shares I thought “Yea!” and set about liquidating the gift in the same way I would process a gift of appreciated stock. NOTE! I neglected to mention something very, very important in yesterday’s blog about stock gifts.  Each and every time you receive a gift of stock, you and your organization want to instruct your broker to sell the stock immediately and transfer the funds to your account. There are no “ifs, ands, or buts” about this.  It should be an ironclad rule at your organization and your broker should

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