Shiny and “Drivey” Things: Charitable Gifts of Precious Metals, Jewelry and Vehicles
We have recently received A LOT of inquiries about coins, collectibles and cars. My joke is that I would rather deal with an Irish private company with imported aardvarks than a bag of gold coins. What seems simple is anything but, however there are donation opportunities when all the planets align.
Attendees will learn:
- The tax consequences of tangible personal property donations
- The weird rules and history of coin donations
- The weird rules and history of vehicle donations (including a recent case study)
- The complexities of collectible donations
- The key questions to ask donors/clients
- The math of why receiving a fair market deduction isn’t the best fit for many donors
Please join Bryan Clontz, Ph.D., CFP®, AEP®, CAP® on May 27th and 29th by registering below: