Giving Away the Family Business: Tax Strategies for Transferring Closely-Held Businesses to 501(c)(3) and 501(c)(4) Organizations

Private Wealth Services attorney Kelly Hellmuth will give a presentation at the Southern Federal Tax Institute on transferring family businesses to charities or social welfare organizations. Ms. Hellmuth will detail the tax implications of holding business interests in different types of exempt organizations, including donor-advised funds (DAFs) and 501(c)(4) organizations. The presentation will also provide insight into planning strategies to help business owners avoid excise taxes.