Creating a Private Foundation

Establishing a private foundation, is not only of benefit to tax and estate planning, but is a powerful way to help your community and build a permanent legacy. This book is an essential guide to setting up a private foundation, whether you are looking to establish one or provide financial advice to those who are. Already nearly five percent of high-net-worth individuals have private foundations, and interest in setting up charitable organizations is on the rise.This straightforward and authoritative guide explains the reasons for establishing a foundation, the steps for setting one up, and tips for avoiding common pitfalls. Author Roger Silk and his firm are well known in the adviser community for providing professional management to foundations, and he covers the ins and outs of private foundations from the perspective of both philanthropists and the advisers who work with them. Copyright (C) Muze Inc. 2005. For personal use only. All rights reserved.

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