Tax and Estate Planning Issues Facing Owners of Tangible Personal Property: Surveying the New Gift Landscape for Artwork and Collections
Ralph E Lerner
DECEMBER 9, 2014
For example, a painting that cost the donor $1,000 some years ago may have a fair market value of $10,000 today. If you would like to read the full article, you can click the link below to download a PDF version of Ralph E. For someone in the 35.0 percent tax bracket, such a contribution saves $3,500 in federal income taxes.
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