Category - Family Philanthropy

Family Philanthropy is one of the most powerful ways for Parents to transfer wealth responsibly to their children, grandchildren and heirs. Not only is Family Philanthropy an excellent way to mitigate taxes of all kinds: Income Tax, Capital Gains Tax, Estate Tax and Gift Tax, but it is also an excellent way to help transfer a responsible inheritance to one’s children. Sustained charitable giving entities such as the Private Foundation, the Type III Supporting Organization, the Donor Advised Fund, the Charitable Remainder Trust, allow the family to have use of the money, while transferring ownership to a charity, entitling them to the requisite tax deductions.


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