Non-public foundations supply a strong philanthropic toolkit and are the gold commonplace for serving to households construct lasting legacies – however they are often difficult for donors to manage on their very own with out clear steerage. Be a part of this session with Basis Supply’s Chief Authorized Officer Jeffrey Haskell for necessary insights on the substantive guidelines that govern personal foundations. Be taught what actions are permissible, which require advance IRS approval and the commonest bother spots to assist your shoppers keep away from compliance points and penalties.

Among the matters coated will embody: 

• Using a member of the family
• Making scholarship and hardship or catastrophe reduction grants
• Transactions between a basis and its insiders
• Pointers for avoiding jeopardizing investments

CFP, CIMA®, CPWA®, CIMC®, RMA®, and AEP® CE Credit have been utilized for and are pending approval.

Sponsored by

Jeffrey D. Haskell, J.D., L.L.M.

Chief Authorized Officer

Basis Supply

Susan Lipp – Moderator

Editor in Chief

Trusts & Estates