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A “How To” Guide When Gifting Artwork to Charities

Avoid traps for the unwary.

As stock markets rise and fall with each tweet of our President, many wealthy clients may find comfort in the fact that they’ve invested a large portion of their estates in art. Typically, this action isn’t taken as a pure investment strategy but due to an appreciation of the work itself. That being said, these clients may find themselves with highly appreciated assets that may be useful for making current or future gifts to charities. However, there are a myriad of issues when it

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