There are many factors to consider when becoming a philanthropist or starting a charity. Establishing a new charity requires many important considerations.Adopting a strategic vision for the charity brings discipline and focus to philanthropy.Prudent investing and fundraising are key to a charity’s growth potential.Just as an individual goes through life cycles, so does a charity.
Control, protection, and privacy are key benefits of a Delaware Trust.
The state of Delaware has long been one of the most favorable places to establish a business.
Delaware is also an excellent place to create a personal trust for estate planning or asset protection purposes.
A Delaware trust offers many of the advantages of other trust-friendly states, along with unique elements that make it a preeminent jurisdiction.
Create a family business succession plan that works for you.
Every business needs both a short- and long-term plan in place for unexpected and planned events.
Ideally, succession planning should begin the day you take over a business.
Those parents that are most successful at passing the torch are the ones that have created a culture in which transition is welcomed and encouraged.