Board-certified Florida lawyer Jason E. Havens describes the practical and strategic advantages to creating a family/private foundation during lifetime as part of a donor's charitable estate planning. "Editor’s Note: A family foundation is often used in an estate planning context as a means of facilitating charitable transfers at death. In this context, should the creator set up a foundation before death, or might this be left to the creator’s heirs and advisors to be done after death? This piece discusses some of the difficulties that can arise in dealing with this situation. The author’s advice: To eliminate delay and avoid possible problems with the IRS, set the foundation up while the creator is still around."
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.