What is a Donor Advised Fund (DAF)? Donor advised funds (DAF) are a philanthropic giving vehicle administered by a public charity. Under Internal Revenue Code § 4966(d)(2), a DAF is an account maintained and operated by a section 501(c)(3) organization … Continue Reading →

Selecting an executor is arguably the most important decision that a person makes in the estate planning process.  In choosing an executor, you are asking a person to step into your shoes. They will resolve your business and professional life. … Continue Reading →

If you have a Will, congratulations! Recent statistics indicate that 60-70% of American adults do not have Wills. Of those who do have Wills, most begin the process of making a Will sometime in their 30s or 40s. Very often, … Continue Reading →

The term “probate” has taken on connotations that suggest something bordering on the sinister and best to be avoided.  In fact, probate is a process by which a Will is proven and determined to be valid.  Once the process is … Continue Reading →

Planned Giving vs. Legacy Giving? How are donors to go about understanding planned giving vs. legacy giving? Aren’t most gifts by definition “planned?” The term “planned giving” has always annoyed me even though, as an estate planning attorney, I use … Continue Reading →