Planned (or deferred) giving can be an excellent way to donate to charity, but not everyone understands the many options available to them…and that includes the charities! In our miniseries about the legal side of planned giving, Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP, offers advice on accepting and giving planned gifts. In this installment, he explains how art is appraised for tax receipt purposes, the advantages of lending art to a charity, and the special considerations for Canadian art.
Art donations as a planned giving option (MP3)
Click to listen now.
(To download the file and listen later, right click on the link and click “Save target as”, “Save link as…” or “Download linked file.”)
Run time: 12:34 minutes
External Resources:
CRA planned giving policies
Canadian Association of Gift Planners – CAGP
CharityTax.com – Adam Aptowitzer’s Online Office
Drache Charity Insights Newsletter
Do you have a burning question about charity law in Canada? Send it to editor@charityvillage.com. We may include it in an upcoming podcast.