Many of our clients are charitably inclined, and incorporate charitable planning into their overall estate planning.  This can be as simple as making gifts to charities during life or via specific bequests in a Will.  In addition, clients create donor advised funds and family foundations.  They also implement charitable remainder trusts and charitable lead trusts

This short article outlines the requirements for starting an active business in a qualified opportunity zone (“QOZ”).

The US tax legislation that created QOZs was enacted in early 2018, and is intended to encourage long-term investment in economically distressed communities.  The IRS issued two substantive sets of proposed regulations outlining rules for QOZ investments (in