More business owners are building charitable donations into their plans to sell their companies. Fidelity Charitable says its program saw a big jump in “complex” or alternative assets being contributed, to more than $600 million, with most of it in the form of private-company stock or private-equity interests, reports Wealth Adviser at WSJ.com. Donating private stock at time of sale carries some great tax benefits for business owners, but it’s more complicated than a public-stock gift to charity. So advisers need to help their business-owner clients set up the arrangements well in advance.
MWR
