Private Foundations in Estate Planning: Structuring Tax-Efficient Charitable Legacies

Private Wealth Services attorney Cara Santoro will present on a BARBRI webinar offering estate planners a practical guide to structuring private foundations as part of an integrated estate plan. Private foundations can serve as an effective legacy tool for charitably minded clients by allowing for greater control over distributions and providing beneficial income and transfer tax advantages. During this webinar, Ms. Santoro will discuss the federal income tax treatment of private foundations, operational requirements for maintaining them and strategies for incorporating them into estate plans during life and at death. She also will address key compliance considerations, including annual filing obligations, excise tax exposure and rules governing prohibited transactions and self-dealing.