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To facilitate donating the artwork of Wolfgang Wolff to museums, Goetz Wolff wants to donate to the Wolfgang Wolff Foundation, a 501c3, the art collection (the estate) of Wolfgang Wolff. The Foundation and Goetz would like to know the consequences of a gift of tangible personal property to a charitable foundation. Is an appraisal of the collection’s value needed? What are federal tax deductions related to the gift? We believe this information is needed to create the deed of gift and accompanying quitclaim assignment of copyrights. Please kindly advise. www.wolfgangwolff.org
Wolfgang P. Wolff Foundation
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https://www.wolfgangwolff.orgMember Since
Feb 2023
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