For those interested in establishing a private family foundation, here is an excellent overview of some of the potential traps for the unwary.
We all appreciate the ways in which volunteering our time and talents can help others. But evidence demonstrates it can generate significant benefits for the volunteer as well.
Are you looking for more ways to give back? Here are a few ideas that might interest you or get your creative juices flowing.
Some good opportunities for charitable giving still exist under the 2017 Tax Act.
Is instilling a philanthropic mindset in your children important to you or your clients? If so, you should read this article:
If you are considering charitable giving, you might want to consider giving appreciated securities, rather than cash. As this article explains, giving appreciated securities is usually a much more tax efficient way to benefit charity.