Private Foundations in Estate Planning: Overcoming IRS Scrutiny, Structuring Tax-Efficient Charitable Legacies
Minimizing Tax in Diversified Estates, Maximizing Charitable Impact, Navigating IRS Private Foundation Rules
Recording of a 90-minute CLE/CPE video webinar with Q&A
This CLE/CPE webinar will provide estate planners with a thorough and practical guide to structuring private foundations as a component of an integrated estate plan. The panel will describe the federal income tax treatment of private foundations, detail operational requirements for maintaining a foundation, and discuss both inter vivos and post-mortem strategies for using a private foundation.
Outline
- Income and transfer tax benefits and treatment of contributed property
- Ideal assets to contribute and not contribute to a private foundation
- Establishing a private foundation
- Reporting requirements, operational risks, and opportunities
Benefits
The panel will review these and other key issues:
- Which asset transfers provide the most income and transfer tax benefits when gifted to a private foundation?
- What are the tax treatment differences between private foundations and donor advised funds?
- Scenarios for post-mortem planning using private foundations to lessen the impact of income in respect of a decedent
- What are the operational challenges for a private foundation?
Faculty

Stefania L. Bartlett
Principal
CliftonLarsonAllen
Ms. Bartlett specializes in trusts and estates, providing planning and compliance services related to fiduciary income... | Read More
Ms. Bartlett specializes in trusts and estates, providing planning and compliance services related to fiduciary income tax, estate tax and gift tax. She also advises clients on charitable gift planning, charitable contributions and tax compliance. Ms. Bartlett is a licensed attorney and is admitted to practice in Connecticut, New York and the United States Tax Court.
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Cara Howe Santoro
Partner
Holland & Knight
Ms. Santoro focuses her practice on advising businesses, nonprofit organizations, and individuals on a variety of... | Read More
Ms. Santoro focuses her practice on advising businesses, nonprofit organizations, and individuals on a variety of domestic and international tax matters, and counseling nonprofit entities on issues related to their tax-exempt status, including formation, governance, compliance, restructuring, lobbying, international grant making and unrelated income. She also assists corporations in various tax matters including executive compensation, qualified benefit plans, regulatory compliance and tax planning in both the individual and corporate context.
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