Just Say No to Overbroad Trust and Estate Waivers: Part II

Posted on August 28, 2023October 14, 2024

By Reynolds Cafferata Step-by-Step Protecting Your Rights Beneficiaries can protect themselves from overbroad waiver with the following steps: Review the information provided by the fiduciary to see if there is any reason for concern Review waivers and edit forms so that they do not provide fiduciaries with greater protections than they would have with the […]

Don’t Count Your Chickens Yet!

Posted on February 23, 2015May 13, 2019

A discussion that occurs at nearly every board meeting (not to mention audit, grants and finance/investment committee meetings) of a private foundation is whether the investments and grants for the year can be “managed” to reduce the excise tax on net investment income to 1 percent. Since the enactment of the Tax Reform Act of […]