Pending tax legislation, gifts of business interests, and steps to transfer a donor-advised fund

With tax reform on the horizon, now is the time to explore charitable strategies that work in any environment. In this issue, we break down key provisions in pending legislation and what they could mean for your clients’ estate, income tax, and philanthropic plans. You’ll also learn why donating closely-held business interests to a fund at the Morton Community Foundation can be a more tax-efficient choice than using a private foundation, and how easy it is to transfer an existing donor-advised fund from a national provider to MCF. Our team is here to help you and your clients navigate change while making a meaningful impact.