Can a clients children be involved in the donor-advised fund established with the NPT Donor Advised Fund?
Children (18 years or older) can be named as account advisors during the donor’s lifetime, and successor-advisors can be any age. Account advisors can recommend grants to charities, and request exchanges among investment pools. Successor-advisors receive the same privileges upon becoming account advisors (after the death or legal incapacity of the last remaining advisor).
Related Questions
- Is the income earned in my NPT donor advised fund account considered an additional charitable donation for tax purposes?
- Can a clients children be involved in the donor-advised fund established with the NPT Donor Advised Fund?
- How does NPTs Board of Trustees choose the funds included in the donor advised fund pools?
