Private Foundation
The private foundation enables you to create a lasting
legacy that carries the family name, can extend for generations
and engages the entire family in the wonderful virtues of
charitable giving.
The private foundation and all its benefits are no longer
reserved for the ultra wealthy like the Rockefellers, Gates,
Carnegies and Fords. We have developed an easy-to-follow program
to help you set up, administer and manage your own private
foundation in an efficient and cost effective way.
Most web sites attempt to dazzle you with all the technical
information on a private foundation and the numerous and amazing
benefits they can provide. But try to take the next step and
actually put the plan into motion, and you will likely find
it difficult to locate the qualified help necessary to get
the job done in a way that makes you feel confident that it
is being done properly and in an easy-to-understand, professional
manner.
That's where we come in. This site delivers a welcome relief.
We have designed a complete, easy-to-follow process that will
guide you along the path to a complete charitable giving solution
with all the benefits that this charitable giving vehicle
provides.
Our goals are:
- To give you an understanding of Estate Planning using
a private foundation.
- Provide a FREE easy-to-follow private foundation planning
guide that you can use to generate a personalized charitable
giving plan.
- Deliver a service that enables you to easily establish
a Private Foundation that gives you the ability to focus
on the philinthropic goals you are looking to accomplish,
with us taking care of all the intricate details.
We have broken the web site down into the main topics of
discussion regarding the private foundation; please see the
links to the right. By reviewing each section you will gain
a basic understanding of the benefits that a private foundation
can provide; the tax deduction available for your contribution(s);
and how to set up, fund and manage the foundation.
At any time you can also use the link above in green to request
a FREE copy of our Private Foundation
Planning Guide. The guide goes into the finer details
of the private foundation and includes a questionnaire designed
to help you plan out your goals and charitable giving legacy.
It also induces thoughts on how to further engage family members
to participate in the charitable giving process through the
implementation of the foundation.
The private foundation is also commonly used in conjunction
with a Charitable Remainder Trust as a way to provide income
to the donor with the remaining proceeds going to the private
foundation at their passing. For additional information you
can visit our separate web site at CharitableRemainderTrust.com
We have also provided information on the comparison between
a private foundation and donor advised funds. This is an important
page to review as donor advised funds are typically a more
appropriate vehicle to use when you are looking to establish
a charitable giving legacy with a contribution below $500,000.
Click here to view the
comparison table.
Once you have reviewed the pages on this web site, we feel
you will have a good understanding of the private foundation,
its benefits, alternatives and how it can fit into your over
all estate plan. Along the way, please feel free to contact
one of our charitable giving specialists if you have any questions.
We can be reached toll free at 800-535-4720.
Tactical Wealth Advisors, LLP
Investment advisory services are provided through Tactical
Wealth Advisors, LLP a Registered Investment Advisor.
The information contained on this site is for educational
purposes only, it is not intended to be professional tax
or legal advise; consult a tax advisor about your specific
situation.
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