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What is the tax impact of gifting someone stock?

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Manage episode 433092253 series 1791561
Content provided by Ralph V. Estep, Jr. and Ralph V. Estep. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ralph V. Estep, Jr. and Ralph V. Estep or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Are you considering gifting stocks to a loved one but worried about the tax implications? Want to share your financial blessings while being a good steward of your resources? Tune in to this episode of the Ask Ralph Podcast with Ralph Estep Jr. as he explores the tax impacts of gifting stocks and ways to minimize them. What Is The Tax Impact of Gifting Someone Stock? With Ralph Estep, Jr.

In this episode, Ralph addresses a listener's question about gifting stocks to help with education expenses and delves into key points such as the annual gift tax exclusion, capital gains considerations, and strategies like contributing to a 529 Plan or using a donor-advised fund. Drawing from biblical principles and personal experiences, he emphasizes the importance of being a cheerful and wise giver. Discover how these strategies can help you maximize the impact of your generosity and navigate the complexities of gifting stocks while maintaining your financial stability and faith.

00:00 Episode Overview

00:56 Listener’s Concern

01:50 Bible Verse

02:29 Basics of Gifting Stocks

04:46 Strategies to Reduce Tax Impact of Gifting Stocks

06:29 Hypothetical Examples of Gifting Stocks

08:50 Recap

09:45 Actionable Steps

10:42 Final Thoughts

11:46 Outro

LISTEN NOW

WATCH NOW ON YOUTUBE (OUR VIDEO VERSION)

WATCH NOW ON RUMBLE (OUR VIDEO VERSION)

VISIT OUR ASK RALPH SHOW GEAR STORE FOR ALL KINDS OF COOL MERCHANDISE - ENTER THE CODE "FREEBOOK" FOR A FREE DOWNLOADABLE COPY OF MY BOOK "MASTERING YOUR FINANCES"

JOIN OUR FACEBOOK INSIDERS GROUP

Please share our Podcast with all your friends and family!

Submit your questions or ideas for future shows - email us at

ralph@askralph.com or leave a voicemail message on our podcast page

Leave A Voicemail Message

Like us on Facebook and follow us on Facebook at

https://www.facebook.com/askralphmedia Twitter (@askralphmedia) or visit www.askralphpodcast.com for more information.

To schedule a consultation with Ralph's team, contact him at 302-659-6560 or go to www.askralph.com for more information!

Buy Ralph's Book - Mastering Your Finances! on Amazon

Buy Ralph's Book - Gospel of Entrepreneurship: Following Jesus in Your Business Journey on Amazon

  continue reading

529 episodes

Artwork
iconShare
 
Manage episode 433092253 series 1791561
Content provided by Ralph V. Estep, Jr. and Ralph V. Estep. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ralph V. Estep, Jr. and Ralph V. Estep or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Are you considering gifting stocks to a loved one but worried about the tax implications? Want to share your financial blessings while being a good steward of your resources? Tune in to this episode of the Ask Ralph Podcast with Ralph Estep Jr. as he explores the tax impacts of gifting stocks and ways to minimize them. What Is The Tax Impact of Gifting Someone Stock? With Ralph Estep, Jr.

In this episode, Ralph addresses a listener's question about gifting stocks to help with education expenses and delves into key points such as the annual gift tax exclusion, capital gains considerations, and strategies like contributing to a 529 Plan or using a donor-advised fund. Drawing from biblical principles and personal experiences, he emphasizes the importance of being a cheerful and wise giver. Discover how these strategies can help you maximize the impact of your generosity and navigate the complexities of gifting stocks while maintaining your financial stability and faith.

00:00 Episode Overview

00:56 Listener’s Concern

01:50 Bible Verse

02:29 Basics of Gifting Stocks

04:46 Strategies to Reduce Tax Impact of Gifting Stocks

06:29 Hypothetical Examples of Gifting Stocks

08:50 Recap

09:45 Actionable Steps

10:42 Final Thoughts

11:46 Outro

LISTEN NOW

WATCH NOW ON YOUTUBE (OUR VIDEO VERSION)

WATCH NOW ON RUMBLE (OUR VIDEO VERSION)

VISIT OUR ASK RALPH SHOW GEAR STORE FOR ALL KINDS OF COOL MERCHANDISE - ENTER THE CODE "FREEBOOK" FOR A FREE DOWNLOADABLE COPY OF MY BOOK "MASTERING YOUR FINANCES"

JOIN OUR FACEBOOK INSIDERS GROUP

Please share our Podcast with all your friends and family!

Submit your questions or ideas for future shows - email us at

ralph@askralph.com or leave a voicemail message on our podcast page

Leave A Voicemail Message

Like us on Facebook and follow us on Facebook at

https://www.facebook.com/askralphmedia Twitter (@askralphmedia) or visit www.askralphpodcast.com for more information.

To schedule a consultation with Ralph's team, contact him at 302-659-6560 or go to www.askralph.com for more information!

Buy Ralph's Book - Mastering Your Finances! on Amazon

Buy Ralph's Book - Gospel of Entrepreneurship: Following Jesus in Your Business Journey on Amazon

  continue reading

529 episodes

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