This report analyses how to maximize charitable dollars through donations of appreciated stocks and mutual funds.
A guide to minimizing the after-tax proceeds from the sale of a family business. According to the article, legal exit preparations involve a 3-step process: due diligence investigations (i.e., public searches, review of minute books and key contracts, etc.); identify any 'skeletons' and consider what options exist to remedy or neutralize them; finally, create and implement a plan to manage these skeletons.
This article reports on Philip Richards, a wealthy entrepreneur who has given away to charity half his 8 million pound salary.
Proper asset allocation and estate planning is often the best gift to children who have neither an interest in, nor propensity for, running the family business. Sale of the family business is usually a once-in-a-lifetime chance to achieve meaningful liquidity, and well-qualified advisors can add much more in transaction value and stress relief than they take away in fees.
Newsletter of the Synergos Institute dedicated to disseminating best practices and innovations in philanthropy and social investment around the world.
A panel of senior advisors and gift planners discusses the best methods for starting a discussion of donors' and clients' philanthropic goals.
According to research conducted by JPMorgan Private Bank's Advice Lab, almost one in three family-owned businesses has experienced some form of liquidity event over the last 12 years. An outright sale or a merger or initial public offering has major implications for businesses that may have been family-run for generations. The analysis highlights how liquidity events can undermine a family's sense of purpose and cohesion, as well as its capital.
Timing isn’t everything in year-end charitable giving — it’s the only thing. When considering year-end charitable gifts, donors should keep these simple steps in mind.
This article addresses the complex U.S. tax rules governing cross-border grant-making by private foundations.
Selling the family-owned business is one of the most important financial decisions and transactions that any family will face. Business owners, their children and grandchildren will live with the results for a long time to come. Getting it right is important to maximize family wealth, and some basic advance planning — even several years in advance — could help achieve that critical goal.