Private foundations are an undervalued tool for both income and estate planning. They are often bashed in the press for being cumbersome and expensive to operate but we disagree with this opinion.
Congress is anticipated to send $250 billion more to small businesses by the end of the week.
Besides being our marital partners, our spouses are often our strategic business partners. They act as our sounding board, entertain clients, attend business social functions, fill in at the office when short-handed or perform civic and charitable work we volunteer for but do not have the time to do.