Charitable Giving Opportunities for Investors Part 2 of 4

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Family Foundations: Building a Legacy, Reaping Tax Benefits

A family foundation derives its assets from the members of a single family, in which the donor and the donor’s relatives play a significant role in managing the foundation. Aside from helping families channel their philanthropic ambitions, family foundations can form a legacy of community involvement and responsible citizenship for generations to come. As their founders soon realize, family foundations offer potential tax and estate planning benefits.

 

Cole Strickland, MBA
cole.strickland@lpl.com http://www.lpl.com
© 2012 S&P Capital IQ Financial Communications. All rights reserved.

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