Planned Giving Strategies for the Passionate Collector
Author: Richard M. Horwood.
Source: Volume 12, Number 04, May/June 2013 , pp.1-7(7)
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Abstract:
When it comes to charitable giving, a gift can be made all at once or over time.Imagine a young child visiting an art museum for the first time. She is captivated by what she sees and begins a journey of interest in the visual arts and ultimately becomes a collector. Now with a grown family and an interest in art museums, she wants to plan for her legacy and share her passion with her family and the community. This article explores opportunities for collectors to make an impact on future generations and enrich the lives of others.Keywords: deferred giving; donor-advised fund; Petter v. Comm’r; Hendrix v. Comm’r; charitable lead trust; gift agreements; fractional interest
Affiliations:
1: Horwood Marcus & Berk Chartered.