We offer to produce a graphic like the one pictured below to show how the client might have excess capital for transferring to children and funding a family foundation. Clients appreciate how this chart documents the potential to follow the advice of Andrew Carnegie, who said, "Do your giving while you're living so you're knowing where it's going."
U.S. Treasury Circular 230 requires that this firm advise you that any tax advice provided was not intended or written to be used, and cannot be used by you, for the purpose of avoiding penalties that the IRS could impose upon you.
