THE BASICS OF VESSEL DONATIONS
Sep 09, 2019
2 minutes
BY RALEIGH P. WATSON, ESQ.
• We are often asked about the specifics of donating a vessel, whether it be for legitimate charitable reasons or because the owner wants a tax write-off. Donations can be a useful option in certain situations, but the appropriate conditions must be present and the proper professionals should be involved.
ADVANTAGES OF DONATIONS
It can sometimes be difficult and timeconsuming to sell a
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