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Gail Cohen Quoted in Barron's Penta Article on Gifting Art

July 2014

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On June 27 Barron’s Penta Online quoted Gail Cohen, Vice Chairman and General Trust Counsel, in an article titled, Gifting the De Kooning.

As prices for contemporary art continue to soar Gail warns, “With no proper plan in place, the death of a savvy collector could expose heirs to a staggering tax bill.”  In this article she outlines estate tax strategies you might consider for your art collection. Read more.

 

The information provided is intended solely to provide general information. The information and opinions stated are as of June 27, 2014, and may change without notice. The information and opinions do not represent a complete analysis of every material fact. Statements of fact have been obtained from sources deemed reliable, but no representation is made as to their completeness or accuracy. The opinions expressed are not intended as individual investment or tax advice or as a recommendation of any particular strategy.  Please consult your personal advisor to determine whether this information may be appropriate for you. This information is provided solely for insight into our general management philosophy and process.
IRS Circular 230 Notice: Pursuant to relevant U.S. Treasury regulations, we inform you that any tax advice contained in this communication is not intended to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction of matter addressed herein.
Viewers will be taken to an article on a third party website that is unaffiliated with Fiduciary Trust Company International. Fiduciary Trust Company International does not control, adopt, endorse or accept responsibility for the content, how the article is displayed or other content, tools, products or services (including any software, links, advertising, opinions, comments or security or privacy policies) available on or through third-party sites or media.
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QUOTED AUTHOR

Cohen_Gail_101x103.JPGGail Cohen
Vice Chairman and
General Trust Counsel

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Gail Cohen Quoted in Barron's Penta Article on Gifting Art

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