The Patagonia Purpose Trust: What Is It and Will It Work?
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Purpose trusts are nothing new, but this is an elegant twist on the strategy to achieve Yvon Chouinard’s objectives.
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Four Lessons From Patagonia Founder Yvon Chouinard Giving Away the Company
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His planning serves as a reminder for advisors to understand our clients’ goals and develop tools to achieve them.
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Patagonia Billionaire Who Gave Up Company Skirts $700M Tax Hit
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Founder Yvon Chouinard structured the transfer of his firm in a way that keeps control within the family and avoids taxes.
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A Powerful New Tool Transforms How Billionaires Give Fortunes Away
The key advantage of 501(c)(4)s—made clear earlier this year by Patagonia founder Yvon Chouinard—is the ability to tap the illiquid wealth of entrepreneurs and owners of private family businesses, without demanding that they step away.
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Common Client Tax Planning Problems Cheat Sheet
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