Determining How and When to Gift Illiquid Assets

○ Most gifts to charities are in the form of cash or marketable securities.

Gifts of illiquid assets are a creative way to make large contributions with amazing benefits for the charity and donor.

Gifting illiquid assets can be an effective way to fulfill a charitable goal.

May allow the donor to use an asset that perhaps was once illiquid, was a non-producing asset or perhaps is expensive to maintain.

They are considered a complex asset and will take careful planning to execute.

Some examples of illiquid assets:

         ■ Real Estate

         ■ Artwork or other Collectibles

         ■ Private Company Stock

         ■ Private Entities (LLC, LP)

         ■ Life Insurance