When considering a gift of a non-traditional asset to WaterStone, it is essential to contact WaterStone early in the transfer process because of the unique characteristics of non-traditional investments. WaterStone will accept gifts that comply with WaterStone‚Äôs acceptance policies and that meet standard regulations established by the IRS. These gifts will require a comprehensive review of:

* proper documentation
* marketability
* governance
* qualified appraisal
* fair market value
* unrelated business income tax liability (UBIT)
* legal liability, both contingent and actual
* contractual obligations
* tax obligations
* shareholder and partnership rights 
* applicable restrictions and limitations on sale of the asset
* encumbrances, debt, liens
* administrative and legal fees
* carrying costs such as association dues, taxes, insurance, maintenance fees 
