GDG- Family to get credit for Civil War artifacts

James Cameron cameron2 at optonline.net
Tue Oct 23 18:18:40 CDT 2007


<< I suspect it was done as a separate transaction with the artifacts
donated separate from the sale. This would allow them take a charitable
contribution of the stepped-up basis of the artifacts .  >>

You're almost certainly correct.  I'll leave the mechanics of the 
transactions to the lawyers and accountants.  All I was saying was that I 
imagine the donation of the collection was understood as a condition in 
negotiating the purchase of the real property.

Jim Cameron




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