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Instructions for Donating Securities To make a gift of securities to The Summer Camp, please complete this form and fax or email it to Morgan Stanley Private Wealth Management using the contact and
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To make a gift means to transfer ownership of property or assets from one person to another without the expectation of receiving anything in return.
The donor, or the person giving the gift, is required to file a gift tax return if the total value of gifts given to an individual exceeds the annual exclusion limit.
To fill out a gift tax return, you must complete IRS Form 709, providing details such as the donor's and recipient's information, the value of the gifts, and any applicable exemptions.
The purpose of making a gift is to provide financial assistance or support to another person, often to enhance their quality of life or to help them achieve certain goals.
Information that must be reported includes the names and addresses of the donor and recipient, the date of the gift, a description of the property or assets, and their fair market value.
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