Cash Gifts
Cash is probably the most common form of asset. You may own cash that has remained on deposit in a savings or money market account for many years. Or cash may become available during the course of the year, such as when a certificate of deposit or a bond matures or when another asset is sold.
Typically, cash is very easy to transfer: You simply write a check or authorize a wire transfer. Furthermore, you can use cash to fund many types of giving arrangements.
Nevertheless, in some cases, you might do better hanging on to your cash and giving other assets instead. For example, consider the advantages of giving publicly-traded securities to Medical Teams International, and then using your cash for other purposes.
If you have questions, please contact Linda Ranz at 425.284.1941 or lranz@medicalteams.org.
| The information on this Web site does not constitute legal, financial, tax or estate planning advice and
should not be relied upon as a substitute for such advice. Medical Teams International encourages you to
seek the counsel of your own professional adviser as you determine how to proceed. | |