Theodore Wagner Quoted by The Wall Street Journal  Regarding Charitable Giving

Trusts and Estates partner Theodore R. Wagner was quoted in the July 20 Wall Street Journal article “A Buffett Fortune Fades in Brooklyn, Case of Othmer Gift to Ailing Hospital Is Cautionary Tale for Wealthy Donors.” The article focuses on the mismanagement of the $135 million endowment the Othmers bestowed on Long Island College Hospital in Brooklyn, which will now close. “Mostly, their goal was to create permanent funds for the institutions they had loved, to ensure ‘they would survive and grow,’ Mr. Wagner said.”

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