Foundation Planning

Whether you want to create an active foundation to work with other charities or you want to pass down the benefits of being a Director to children, grandchildren - foundation is a wonderful tool.

While many people think that only the super-wealthy or celebrities use foundations, most people are missing out on all the benefits of a foundation.

In interviewing hundreds of families that could have had foundations the most common reason heard was "our lawyers told us that's only for billionaires".

Technology Allows Foundations At Low Cost

Because we invest heavily in technology we are able to set up foundations, complete the annual accounting and file tax returns for the same costs as a corporation. This brings home all the benefits of a foundation for those with as little as $1,000,000

Why use a Foundation?

Financial Benefits

You can transfer assts to a foundation and sell the asset without taxation
You can install a board of directors which you can pay a reasonable income for their services. Yes, this can be family members.
You can install reasonable benefits for employees or directors such as health insurance, pension plans, 401-Ks, automobile reimbursement etc.

Family Benefits

The foundation can hold annual meetings and pay for them. You can invite employees and directors even if they are family. Foundation business must be the focus of the event and some of all of the costs can be tax free.
You can bring in children or grandchildren to serve in the foundation. This will allow them to use tax free funds to benefit other charities.
The biggest benefit we have seen is instead of giving the money to the IRS, you are giving funds to charities and allowing your family to be involved in grateful acts of kindness and giving back to directives you choose instead of the IRS.

We have over 30 years experience in structuring foundation plans and allowing you to choose when money goes instead of handing it over to the IRS and allowing the government to spend how they want.

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