Experts recommend giving the child shares of stock that have substantially appreciated in value.

Because accounts receivable - generally the biggest asset held by professional corporations - do not qualify for tax relief, only corporations that own buildings or other assets that have appreciated substantially will profit from this special provision.

Chairman Zhou Beifang said Shougang Concord Grand's portfolio of luxury flats and industrial sites had "appreciated substantially" in value by 84.5 million dollars, although he did not say where the total value now stood.

Some of the issues from the 1950's and 1960's have appreciated substantially in value.

It also had large investments in other businesses, some of which had appreciated substantially in value.

"If you're talking about Goldman Sachs or Bear Stearns or the regional banks that have appreciated substantially on takeover speculation, those stocks are not as cheap as we would like them to be."

He said homes like his had already appreciated substantially, in his case making him a paper gain of tens of thousands of dollars.

Mr. Schiller remained Economics Minister, and the mark was substantially appreciated, but the new Government of Chancellor Willy Brandt soon increased spending far beyond levels he thought wise.

One good option is putting into the account stock that has substantially appreciated in value.