Supporting charitable causes is important for our firm and for many of our clients. At Hollander & Hollander, P.C., we assist clients in donating to the causes that are special to them in a tax-efficient manner through experienced and thoughtful family foundations and charitable planning.
Effective charitable planning not only fulfills a person’s own desire to support worthy causes, it can also generate large income estate or gift tax deductions. Our experienced charitable planning attorneys can work with you to ensure your philanthropic goals are met while maximizing the tax leverage your donations allow.
LEGACY PLANNING
The desires and goals of our clients range from small amounts to a single charity (no amount is too small), up to and including the establishment of family foundations for charitable giving with significant tax advantages. In each case, we take the time to explain and help our clients understand the wide variety of methods to achieve their charitable goals while maximizing their tax benefits. Specifically, we frequently establish or review:
- Public Charities
- Private Foundations
- Private Operating Foundations
- Charitable Lead Trusts
- Charitable Remainder Trusts
- Bargain Sales to Charities
Whether establishing an enduring legacy or supplementing a tax plan with charitable giving, we believe in working creatively and collaboratively to find solutions for each client’s unique needs.
Private family foundations have, no specific legal requirements. They are simply a type of private foundation governed and funded by family members but must meet all the same IRS guidelines as similar private foundations.
ASSISTING CHARITABLE ORGANIZATIONS
At Hollander & Hollander, P.C., we also represent charitable organizations, assisting them with the most advantageous entity formation, teaching them and any potential patrons or sponsors about the benefits and potential pitfalls of philanthropy, and providing ongoing advice and administration.
Our support includes recordkeeping, operations, strategies, advice, and tax and regulatory compliance. We also help create and maintain operational goodwill with other businesses and charities for fundraising purposes, such as; inserting our clients into the charitable goodwill pipeline.
We are leaders in the charitable field rather than followers. When necessary, we represent charities in litigation against those disputing a Will or trust, aggressively defending a charity’s right to its bequest.
CONTACT HOLLANDER & HOLLANDER, P.C. FOR HELP WITH YOUR CHARITABLE NEEDS
Whether you’re interested in tax-friendly charitable planning or charitable foundations or are seeking to support charitable organizations, contact the experienced team at Hollander & Hollander, P.C. today to set up a no-obligation, free initial consultation and help you with all of your philanthropic needs.