Gifts of stocks and bonds may also be given as part of your bequest. Stocks that have increased in valuation can incur long-term capital gains tax on the appreciated value. One way of offsetting this tax is through gifting a portion of the stock to the Foundation. You will receive an income tax deduction for the full current value of your gift. Please consult your legal advisor for current tax information and for the specific language and guidelines necessary for making this important type of bequest.