With rebounding investment markets and increases in real estate value in many parts of the country in recent years, more donors again own highly appreciated, low-yielding assets. As a result of these and other factors, including the aging of Baby Boomers, we are beginning to see an upturn in charitable remainder trust (CRT) activity. According …Read More

According to the latest study of donors conducted by the National Committee on Planned Giving, the average age of donors when they first executed a will or living trust was 44. The survey also revealed that the average age for someone to first include a charitable bequest in their plans was 49. The mean age …Read More

Last month, I shared my first experience as a board member of a local foundation. I discussed in some detail the question of whether the board was properly fulfilling its fiduciary responsibilities in connection with its management of the foundation’s investments. Making certain that the funds held by a charitable organization are properly allocated and …Read More