Blog
Top 10 Governance Strategies for Non-profits
Once we have completed the charity formation process our nonprofit clients come to us and ask, now what? Obtaining IRS and FTB approval for tax-exempt status is just the tip of the iceberg, and we believe that the key to successfully maintaining favorable tax-exempt...
35,860 California Non-profits May Automatically Lose their Tax-exempt Status on October 15, 2010
All tax-exempt organizations must file Form 990, 990-EZ, 990-N or 990-PF with the IRS annually. If the nonprofit organization is other than a church, or certain other excepted entity, and normally has gross receipts of $25,000 or less, it must electronically file Form...
Benefits of Establishing a Will or Trust
A will is merely a legal document with instructions for the disposition of one’s assets at death, and takes effect only upon the death of the testator, i.e. the person who created the will. A living trust is more than just a document – it’s a form of legal entity...
Living Trust Supporting Documents
We will provide you (and your spouse, if applicable) with a new will, commonly referred to as a “pour over will”, the primary purposes of which are to (1) distribute any assets owned in your individual name to your trust, and (2) provide for burial or other...