Philanthropy

Donating long-term appreciated company shares before a liquidity event may yield significant tax benefits

There is an increasingly-popular tool that allows clients to get more to their favorite charities, and less to the IRS

In recent years, the discussion continues surrounding the topic of inheritance and how much is too much to leave one’s heirs. This issue has taken on renewed significance in light of the much publicized concentration of wealth in recent...

Does this action create excess business holdings, UBTI, and self-dealing?

While beauty may be in the eye of the judges, a beauty pageant’s qualification as an Internal Revenue Code Section 501(c)(3) charity is in the eye of the Internal Revenue Service...

These issues come into play in the context of private foundations and charitable lead annuity trusts

Key ingredients for a successful family legacy

Passes House 277-130. Most Democrats who voted nay favored the bill's provisions but were opposed because cost offsets weren't provided...

Many of our clients (and perhaps some of us) hold appreciated alternative investments, such as hedge funds, real estate or private equity funds. They may be limited partnership interests or limited liability company units, but for income tax...

As a Canadian I know we rarely tout our achievements. As philanthropic Canadians, we are even more reserved. This may be because of the roots of our giving come from British culture, or how we have created our wealth in the first place. Various...