By Joy S. MacIntyre , Morrison & Foerster LLP
In an earlier post we described
some of the tax benefits - and challenges - associated with donating corporate
securities to a family foundation or other private foundation. On the right facts, the donor...
The law of gifts was set forth in the classic case of Gruen
v. Gruen, 68 N.Y.2d 48, 505 N.Y.S.2d 849, 496
N.E.2d 869 (1986) , a case concerning the gifting of a
painting by Gustav Klimt, the Austrian modernist.
reiterated in Gruen that...