The rules governing private foundations are extensive, but the thorniest restrictions are arguably those surrounding self-dealing. Treasury Regulations Section 53.4941(d)-1(b)(3) prohibit PFs from ...

Private foundations are a favored vehicle for many charitably inclined clients — particularly those who seek to take a hands-on approach to their charitable mission while establishing a lasting legacy ...

Attorneys owe a fiduciary duty of loyalty and good faith to their clients, among others, which requires them to act solely for the client’s benefit. If an attorney violates this duty by engaging in ...