Get the free Gift of Stock Form - Virginia Union University - vuu
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Deborah Alston:ACT Gift of Stock Form Donor Address
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How to fill out gift of stock form
How to fill out gift of stock form:
01
Obtain the gift of stock form: Contact the organization or institution that will receive the gift of stock and request the necessary form. This could be a charity, educational institution, or other nonprofit organization.
02
Review the instructions: Carefully read through the instructions provided with the gift of stock form. Make sure you understand the requirements and any specific information that needs to be included.
03
Fill in your personal details: Start by providing your personal information, such as your name, address, and contact information. Include any additional information requested, such as your social security number or tax identification number.
04
Describe the gifted stock: Indicate the details of the stock being gifted. This may include the company name, stock symbol, number of shares, and the date of the gift. Include any supporting documentation that may be required, such as stock certificates or statements.
05
Determine the valuation: Determine the fair market value of the gifted stock on the date of the gift. This may involve consulting with a financial advisor or utilizing resources such as stock market websites or financial news sources.
06
Complete the necessary signatures: Sign and date the form as required. If there are additional parties involved, such as joint owners or custodians, make sure they also sign the form accordingly.
07
Submit the form: Once the form is completed and signed, submit it to the organization or institution that will receive the gift of stock. Follow their instructions for submission, which may include mailing the form or delivering it in person.
Who needs gift of stock form?
01
Individuals making charitable donations: If you wish to donate stocks to a nonprofit organization or charity, you will need to fill out a gift of stock form to transfer ownership of the shares.
02
Recipients of the gifted stock: The organization or institution receiving the gifted stock will also need the form to accurately record and acknowledge the donation.
03
Financial institutions: Some financial institutions or brokerage firms may require you to fill out a gift of stock form in order to facilitate the transfer of shares.
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