Private split dollar can help freeze an estate, minimize gift taxes, provide access to cash values, and finance needed or desired insurance for family members. Properly structured, death benefits may be excluded from the insured's taxable estate and even passed to many successive generations if a dynasty-type trust is used.
Parents who are concerned about family harmony after their deaths are wise to address the issues of estate equalization as a key element of their estate and business planning. Most of the problems that would create disharmony among their children can be handled with careful thought and with wills, trusts and business agreements that clearly dictate...
The FTC is seeking input on this report, which proposes safeguards for data gathered online and offline from consumers. The three main areas addressed are privacy by design in all business practices, simplified privacy choice for consumers and greater transparency related to company data policies.
Directors and officers at private companies have reason to be concerned about potential U.S. securities exposures, leading savvy private firms to adjust their internal compliance and governance structures to more closely resemble those of their public counterparts. They also are taking a closer look at their D&O liability insurance programs.
Like cost-benefit analysis in the for-profit world, social return on investment provides guidelines that can help charitable organizations to think more strategically about outcomes and show accountability. But if SROI is to be a successful tool, analysis indicates its principles need to be applied with greater rigor.
Frontier markets are considered to be low-liquidity outsiders beyond developed and emerging markets. They offer the potential for strong long-term returns and diversification benefits at a reasonable level of volatility. However, they come with significant risks that need to be factored into an investment strategy.
Becoming thoughtful and intentional about altruism and the passion to make a difference is the difference between having good intentions and being intentional about our values and commitments to others. This newsletter offers tips on how to give better, helps 'tween philanthropists ask seven critical questions about giving, and provides a visual wa...
Philanthropy appears set to increase among the wealthy, according to a survey of millionaires in 20 countries. The United States, Ireland, South Africa and India lead in donations of both money and time.
The holidays are a time for relaxing with family and friends. Unfortunately, criminals use this time to shift into high gear. Crime statistics from October indicate this year will be no exception to the historical trend, but you can take steps to help avoid becoming a victim of burglary or theft.
The authors present highlights from a series of seminars in which more than 80 trustees from charities of all kinds debated how they could make their charities more effective and shared ideas about improving trusteeship.
Closing the gender gap at the top of corporations fosters innovation, creates a more balanced work environment and positively affects the bottom line. Yet, achieving gender balance requires new thinking, innovative approaches and courage.
Families should consider an array of factors as part of their charitable planning, such as their legacy, the particular assets, market conditions, investment objectives, interest rates and cash flow needs, as well as the mission of the charitable organizations.
Putting a financial value on social outcomes can help funders determine whether an organization is worth supporting, understand the impact that grantees are having and identify where organizations need help.
In the post-Madoff era, the foundation and non-profit sector continues to struggle with how to invest philanthropic assets most appropriately and how to ensure that boards and staff are managing investments prudently.
Be sure that your heirs have the information they need to access your online accounts.