Opportunities in Collectibles

Man assessing classic carDonations and even inheritances can be complicated.

By Randy Fox
Ez Charitable

It is estimated that 30 percent of families with a net worth exceeding $10 million collect something – be it art, antiques or classic cars. Often referred to as “passionate assets,” they represent both a challenge and an opportunity for advisors and their clients.

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Many enthusiasts don’t think of their collectibles as they do other assets – these items are loved, cherished and coveted. They hold a meaning and identity that is incomparable to their economic value. They are often ignored in the planning process and in discussions with professional advisors.

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Randy Fox



About the Author

Randy Fox is co-founder of EzCharitable LLC, a turnkey training program that helps CPAs, tax professionals, and financial advisors integrate philanthropic solutions into their practices.

He is also editor in chief of Planned Giving Design Center, the largest content provider for planned giving in the country. His private practice serves advisors across the US with the design and implementation of complex planning strategies, with a strong emphasis on philanthropy.

Fox can be reached at randy.fox@ezcharitable.com. 

Professionals interested in learning more about philanthropic planning opportunities can
download the free “Opportunity Recognition” video from EzCharitable here.

Click here for more by Randy Fox