Estate Planning and Philanthropy

Charitable Gifts of Artworks—Report of IRS Panel

, New York Law Journal

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In his Estate Planning and Philanthropy column, Conrad Teitell writes that charitable gifts of artworks almost always present valuation issues. An appraisal by a respected, unbiased qualified expert is key to substantiating a charitable deduction for a donated work of art. IRS has its own experts—the Art Advisory Panel.

Originally appeared in print as Charitable Gifts of Artworks—Latest IRS Art Advisory Panel Report

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