Family Foundation
Charitable LLC Scam vs. Reality
The “Charitable LLC” It’s no surprise that people hate paying taxes. Sometimes they hate it so much, that they will do anything to avoid paying them, including things they shouldn’t. One such strategy that we recommend you stay away from is the so-called “Charitable LLC”. What is promoted as a “Charitable LLC” may be structured…
Read MoreSustainable Distributions
Sustainable Distributions: How to Make Wealth Last and Grow The United Nations has promulgated 17 Sustainable Development Goals. Broadly speaking, these inter-related goals address global issues such as poverty, inequality, climate change, environmental degradation, peace, and justice. This is a model for other human endeavors including trusts or charitable organizations intended to last a long…
Read MoreTax Deductions for Giving Art to Charity
When one’s basic needs are fully met, it is not uncommon to accumulate and surround oneself with beautiful things. In other words, those who can, collect art. Sadly, part of the human condition is that it doesn’t last forever. Deciding what will happen to such art collections when we are done with them is a…
Read MoreGentrification of Philanthropy
The current transition to older more affluent donors away from younger less affluent donors is the gentrification of philanthropy. Powerful tools make charitable deductions available to a larger number of taxpayers.
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