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International Restructuring Newswire
Welcome to the Q2 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
Global | Publication | October 1, 2017
Handled properly, hedge fund and private equity fund interests can play an important role in achieving maximum income tax benefits for principals and their families. If you have clients who are principals of hedge funds and private equity firms, they face some steep obstacles to receiving full income tax charitable deduction for donations of interests in their companies.
Fortunately there's a simple solution: a donor-advised fund (DAF). Be warned, though, that charities that sponsor and administer DAFs don't always accept donations of fund interests.
Under US law, giving to a DAF allows the principal to:
This article was originally published in Trusts & Estates Magazine
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Welcome to the Q2 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
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