Proven Solutions
We always stay one step ahead and focus directly on what the particular client wants and needs. We are always thinking creatively to find what works for every isituation. Template work, putting people and organizations in boxes, using jargon that clients do not understand happens too often. We frequently inherit cases where the client was not adequately educated or was not given an array of options that might be beneficial given the circumstances or the assets. The result is that the client ends up the wrong plan for his or her intentions, uses the wrong asset, or ends up paying a lot of money to correct errors.
To put this another way, we do not chart a course and set sail until we have clearly understood and mapped out the destination. This is true whether we are working with an individual and the family, an advisor who needs assistance to do the best job for his or her client, or a nonprofit who is working with a donor prospect to make the best decision.
Through active listening we work together to determine the destination the client desires. We guide the client through relevant questions and draw out thoughts and ideas that reveal the best destination for them and then we use the most sophisticated tools to accomplish those goals.
Every client and every situation is unique. In the 40+ years of philanthropic planning, we have come across many types of situations. The following lists only some of the areas, situations or assets we have worked with.
Charitable Remainder Trusts (CRT)
It seems whatever a person can own has been the funding asset to a CRT. A few of the assets we have worked with are:
- Cattle and calves
- Goodwill
- Intellectual Property
- Orchards
- Timber
- Cryptocurrency
- Yachts
- Planes
- Classic cars
- Mobile Home Parks
- Iraqi Dinar
- Art and Art Objects
- Closely-held Stock
- LLC and Partnership Interests
- Residences and Residential Buy-Downs
- Commercial and Industrial Property
- Long-term Leases
- Multifamily Properties
- Annuities
- And, of course, the regular types of publicly-traded stock and real estate
Outright Gifts
- Wine Cellars
- Arabian Horses
- Planes
- Classic Cars
- Potted Plants (from a grower)
- Timber
- Insurance
- Mineral Collections
- Gun Collections
- Toy Soldier Collections (more valuable than you might think)
- Art
- Income Interests in CRTs and Gift Annuities
- Natural Resources
- Oil and G Leases
- Founder’s Stock (Rule 144)
- Ranches and Partial Interests in Ranches
- Income Interests in Inherited Irrevocable Trusts
Life Estate-Remainder Gifts
- Orchards, Walnuts, Fruits
- Fish Farms
- Ranches of Thousands of Acres
- Four-plexes and Duplexes
- Single Family Residences
- Remainder Interests in Exchange for Immediate and Deferred Gift Annuities
Simple Gift Structures
- Charitable Gift Annuities, Deferred Gift Annuities
- Bargain Sales
- Pooled Income Funds
- QCD Charitable Remainder Trust
Endowment Gift Agreements
- Permanent Endowments
- Term Endowments –Cliff Termination
- Term Endowments—Amortized Spending (Slope Termination)
Nonprofits
- Creation of New Nonprofits
Creation of Private Foundations
- Nonoperating (grantmaking), Operating, Conduit Funds, Pooled Fund Foundations
Programs for Nonprofits
- New Endowment Fund Programs
- Donor Advised Funds
- Pooled Income Funds (Including Specialty Types)
- Business and Marketing Plans
- Financial Advisory Committees (ones that really work)
- Board Training
- Board Motivational Presentations
- Donor/Prospect Seminars
- Policies and Procedures
- New Academic Programs (to accept otherwise unrelated purpose gifts)
- NEW! Automated and Simpified Charitable Remainder Trust program for QCDs!
