Philanthropy

His planning serves as a reminder for advisors to understand our clients’ goals and develop tools to achieve them.

Founder Yvon Chouinard structured the transfer of his firm in a way that keeps control within the family and avoids taxes.

Take advantage of the preholiday run-up to focus on charitable giving.

Yvon Chouinard and his family are transferring ownership of the apparel company to a trust and nonprofit instead of pursuing a sale.

If a structure isn’t reported properly from the beginning, the resulting tax liability can undermine all other substantive goals. 

Gifts of real estate can have some unique complications.

No tax deduction when trustee can choose between distributing income to charity or surviving spouse.

Paul Newman’s daughters sue the Newman's Own Foundation, alleging contributions to their designated charities were improperly reduced.

Christopher P. Woehrle discusses two recent cases that illustrate the need for carefully documented pledge agreements and bequest intentions.

Giving USA’s 2022 report provides some insights.