Real Estate
Do you know what to do if someone wants to make a gift of real estate to your organization? Check out the GPFG to learn more about this great opportunity for many donors and nonprofits.
Do you know what to do if someone wants to make a gift of real estate to your organization? Check out the GPFG to learn more about this great opportunity for many donors and nonprofits.
Understanding the ins and outs of the gift vehicles available to you and your donors is incredibly valuable to your work as a gift officer.
Why? Well, one big reason is taxes: A gift that's made by transferring an asset other than cash generally has a greater tax benefit for the donor.
Educating yourself and acquiring new skills is essential to positioning yourself and your organization for success.
The pages in this section are arranged according to the following topics:
Our industry has made significant progress in the past few years to expand learning opportunities thorugh many sources, including:
So many of us have not yet reached the time in life when we concentrate on our own estate plans.
In the beginning: A partnership is formed when two or more people start an unincorporated, for-profit business and all individuals involved are part owners.
But those are just the general terms. There are multiple subsets of partnership type.
Let's start by correcting the most common misperception: The C in LLC does not stand for "corporation." Rather, it stands for "company."
Unlike in a partnership, a corporation is separate from a business owner and is a legal entity all its own.
When people with no experience running a business imagine what it's like to start and run a business, what they're picturing in their head is a sole proprietorship situation. It's the simplest way to get a business off the ground.
Generally speaking, life estate agreements are advantageous for individuals who desire to spend their final years in their current residence.