IRS rules are so stringent that virtually any proposed transaction between a family foundation and a disqualified person should be considered a potential act of self-dealing which can lead to an ugly audit and potential fines.
Did you know that a 529 College Savings Plan can transfer to other beneficiaries while avoiding tax penalties? This way, you can contribute to the education costs for multiple generations.
The LPL Research Retirement Environment Index is a state by state holistic view into the pre-retiree landscape that provides depth and balance in six broad categories that reflect retiree desirability on housing, healthcare, housing, quality of life, education and wellness.
During the span of my career, I’ve watched many families look for ways to align their investments with charitable objectives. There is a remarkable movement in investment towards Social Impact funding -- not just making money but also making a better world.