You will not have to recognize the appreciation as capital gain. A popular way to make a significant contribution to New York University Medical Center is by a bequest in a will . A bequest can be in the form of cash, securities, or real or personal property. If you wish, you can make a bequest of the assets that remain after all specific gifts to your loved ones have been satisfied and all taxes, debts, and expenses have been paid. You can direct that your bequest be used for a specific purpose or that it be used at the discretion of the Medical Center.
Bequests are exempt from estate taxes and, therefore, can result in significant tax savings.
For more information, see the Planned Giving page. You may establish a gift annuity with cash or marketable securities. Gifts of cash or marketable securities from many donors are combined for investment by a professional manager. Each donor receives a share of the fund's earnings, which vary from time to time. You will receive an income tax deduction for the present value of the remainder that will go to NYU Medical Center.