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Rather than selling a work of art and reinvesting the after-tax proceeds into investments that will generate income, philanthropically motivated collectors can instead transfer a work of art to a charitable remainder trust (CRT). By donating artwork to a CRT (and having the CRT trustee sell the artwork), the donor usually retains an income stream, incrementally pays capital gains tax over the term of the CRT (28% long-term rate for collectibles), generates an up-front income tax deduction and
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