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To make a gift in the form of stock please contact: Scot trade Mt. Pleasant8439711996 Account: 32707523 DTC # 0705After you have completed your stock transfer with Scot trade please contact Leslie
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Making a gift refers to transferring ownership of an asset to someone else without receiving anything in return.
Individuals who have made gifts that exceed the annual exclusion amount set by the IRS are required to file a gift tax return.
To make a gift, individuals need to fill out IRS Form 709, the United States Gift (and Generation-Skipping Transfer) Tax Return.
The purpose of making a gift can vary, but it is often done for estate planning, charitable giving, or simply to help out a loved one financially.
Information such as the value of the gift, the relationship between the donor and the recipient, and any potential deductions or exclusions must be reported on the gift tax return.
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