A recent ruling by the Securities and Exchange Commission has made it easier for private foundations organized as not-for-profit corporations with at least $5 million in investments to access the world of alternative...
The primary and most tangible benefit of a 529 plan is the tax-deferred growth of the assets in the plan (growth is tax free to the extent the plan assets are used for tuition.) (See 529 Basics, p. 55.) But this...
Private foundations are usually organized as trusts or not-for-profit corporations. When choosing between the two, advisors tend to focus on ease of formation and maintenance, flexibility and standards for trustees or...
