Private foundations are a favored vehicle for many charitably inclined clients — particularly those who seek to take a hands-on approach to their charitable mission while establishing a lasting legacy for their families....more
9/22/2023
/ Art Collections ,
Charitable Donations ,
Court Approval ,
Disqualified Persons ,
Donor-Advised Funds (DAFs) ,
Estate Planning ,
Executors ,
Fair Market Value ,
Internal Revenue Code (IRC) ,
IRS ,
Private Foundations ,
Self-Dealing
The US Department of the Treasury and the Internal Revenue Service issued its most recent Priority Guidance Plan Joint Statement (the Plan) on November 4, 2022. The Plan details more than 200 priorities for the 12-month...more