Private Foundations

Private Foundations

There are great tax planning opportunities through the use of private foundations. These entities are charities which you and your family will control. We have formed and provide advice to many private foundations. A private foundation is a not-for-profit entity, which can achieve your charitable objectives. This entity allows you to choose both the objectives and the persons who will carry out your charitable goals both while you are alive or after you have passed away. There can be substantial income tax savings while you are alive by making gifts to these entities.

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