Fractional Gifts of Art Work
Thursday, March 30, 2006 at 6:28PM
Joey Brannon in Tax

Ric Gregoria of the Sarasota based law firm Williams Parker has written an interesting article on fractional interest gifts of artwork. This is a great technique for managing the limitations applied to charitable gifting and we've seen it produce much greater tax savings than if the piece of art were gifted outright to a musuem or university. Ric does a really nice job of concisely laying out the strategy.

Article originally appeared on Axiom CPA, P.A. (http://www.axiomcpa.com/).
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