Friday, July 18, 2014

A Resurgence in Charitable Trusts? | Philanthropy content from WealthManagement.com

A Resurgence in Charitable Trusts? | Robert F. Sharpe, Jr. | WealthManagement.com (JEH: Gerry Nowotny posted comments along the same lines and linked to Robert's article. They are probably correct regarding the increased use of charitable trusts in business succession (e.g., "charitable bailout") transactions given the potential income tax consequences of those transactions now -- especially where Subchapter C corporations are involved.)