This strategy can be attractive because the donor can often make a larger gift — of the death benefit — than of smaller gifts of cash. (blog.massmutual.com)
Because a gift of appreciated securities generally avoids capital gains taxes, this type of gift may have a lower after - tax cost to you than an equivalent gift of cash. (massmoca.org)
«An outright gift of the cash investment is acceptable if the donor is the borrower's relative, the borrower's employer or labor union, a charitable organization, a governmental agency, or public entity that has a program to provide home ownership assistance to low - and moderate - income families or first - time home buyers, or a close friend with a clearly - defined and documented interest in the borrower.» (fhaloanpros.com)