Gifts of Real Estate, with restrictions
Early in my charitable planning career my employer was offered a donation of islands on Georgian Bay. Surrounding the 100-year-old family cottage were sheds, cabins and boat houses. The donors had a vision: it would be a children’s camp. It was a stunning property. Valuable, despite the sagging, mouse-infested buildings. But this gift by will was contingent and restricted. It would be a children’s camp, or nothing at all. The….
Gifts of Real Estate, with restrictions Continue Reading »
Estate Donations, Estate Planning, Philanthropy/Charitable Giving