Once upon a time in a place far, far away (New York City)…
a barrister representing a company skillfully, and through his exceptional wizardry, brought a case to a settlement that pleased all parties. The barrister for the opposing side was so grateful that he sought to thank the skilled attorney with a gift so magnanimous that he would truly understand the gratitude of all those involved. He chose to bestow a Scotch whiskey of great distinction, rarity, and pedigree.
The bottle of Bowmore 38-Year-Old Islay Single Malt Scotch Whiskey was distilled on January 15, 1957, matured in oak casks, and bottled at 40.1 ABV.
The gift was gratefully received, and there was great rejoicing throughout the land. The barrister treasured the offering. It brought him great joy and memories of a triumphant and meaningful professional achievement. Many years passed, and the barrister retired to Reno to live happily.
But there is more to the story.
After moving to the land of Reno, the barrister befriended the kind people at the Community Foundation of Western Nevada. He worked in concert with the Community Foundation to establish a charitable fund. For you see, the barrister was as generous as he was skilled at his craft.
Time passed, and with lifelong wisdom and common sense, the barrister realized his gift could be used not just for the pleasure of the few but for the benefit of the many.
He inquired as to whether the remarkable bottle of scotch could be used to help the community. “Yes, indeed,” the Community Foundation responded.
It was discovered that the rare scotch would best be recognized for its exceptional value by returning to its homeland in Britain to be auctioned to the connoisseurs who acquire and collect such libations. So it was that the bottle journeyed across the oceans from whence it came. And indeed, the Scotch is presently at auction, and you may see it through this link.
Our story will conclude shortly with the sale of the rare Scotch. The proceeds are not subject to taxation in Britain due to a friendship between our kingdoms and the Community Foundation’s charitable status. The wise barrister will use the proceeds from the sale through his charitable fund to help others.
And then we will truly all live happily ever after.
The moral of the story is that it is not only better to gift than to receive, but regifting can make a positive difference in people’s lives and give you a tax deduction.
Chris Askin, President/CEO
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