Morrison & Foerster LLP: Charities, S Corporations and UBIT: Why a Charitable Gift of S Corporation Stock May Not Be the Best Option

By Danielle T. Zaragoza , Esq., Morrison & Foerster LLP Not all charitable gifts are created equal, and a charity is not required to accept any and all donations of property, especially property that may be difficult to own or liquidate in furtherance of the charity's purpose. For instance...

Estates and Trusts Permitted as Shareholders of an S Corporation

In this Analysis, Andrew W. Singer Esq. provides a review of the estates and trusts that qualify to be shareholders in an S Corporation. He writes: Subchapter S has from its inception allowed estates of deceased individual shareholders to be shareholders of S corporations. The term "estate"...