Conrad Teitell Making Charitable Gifts by Saying 'No'
Sometimes objectives can be better achieved by disclaiming instead of accepting a bequest.
February 25, 2022 at 12:00 PM
3 minute read
A long, long time ago, my neighbor—a Wall Street lawyer—headed a citizens' committee that succeeded in shutting down a brothel, the only one in our town since its founding in 1640.
A few years later, the madam died and left her entire estate to my neighbor "in gratitude for the many enjoyable nights that we spent together."
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