Gifts of Non-Cash Assets—A Phoenix Rising From the Ashes of Recession?

The mythical Phoenix is said to periodically self-combust before rising from the ashes of its own destruction. While perhaps not a perfect analogy to an interesting trend in charitable gift planning, we’ve certainly witnessed the taking flight anew of gifts of appreciated assets since the depths of the Great Recession a decade ago when the Dow Jones Industrial Average closed at 6,547 on March 9, 2009.