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MSU Alum Leaves Millions to School
October 1st, 2015
Montana State University announced on Thursday that the late Bill Wurst, a 1959 alumnus in electrical engineering, has left $4 million to the MSU College of Engineering as a gift from his estate. The gift will be used as matching funds for the univer…
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Law Students Help Vets with Estate Counseling
August 13th, 2015
The University of Nebraska's College of Law is sending its students to help military veterans with matters related to estate planning, giving law students practical experience while helping a population in need. Over recent weeks, fourteen veter…
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The Downside of the Giving Pledge
July 13th, 2015
The Giving Pledge, created by Bill Gates and Warren Buffet, has received a tremendous amount of positive coverage as it encourages the wealthy to donate to charity. However, some argue that it also has a hidden cost that potentially harms the general…
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Tips for Passing Down Wealth
July 9th, 2015
While you may have been fortunate and knowledgeable enough to amass wealth, that does not necessarily mean that you know the best way to pass it down to future generations. Estate planning can seem a bit overwhelming for the wealthy. The more assets…
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Editor's Watergate Papers Donated to University
June 19th, 2015
Watergate continues to be perhaps the most important political scandal in United States history. Now, the papers of the reporters and the editor who broke the story will all be housed in the same place thanks to an estate donation. Ben Bradlee was th…
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Billionaire Giving Pledge Is Not Binding
June 18th, 2015
When they created the Giving Pledge, Bill Gates and Warren Buffet received a lot of praise and publicity. Billionaires who have joined the pledge have received the same. It might surprise you that the pledge is non-binding and unenforceable. However,…
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Dispute over John Adams' Trust?
May 29th, 2015
Charitable trusts can continue for as long as there are assets in the trust and the trust is still able to carry out its mission. A trust created by President John Adams is still operating and there might be a dispute over control of it. In 18…
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Gift Tax Basics
May 11th, 2015
People who want to give a large amount of money to another person often have questions about how much they can give without having to pay taxes on the gift. Fortunately, the gift tax is relatively simple once you know the basics. …
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Passing Down a Private Foundation
February 25th, 2015
Many wealthy people create private foundations as a way to continue using their wealth to support causes they believe in after they pass away. It is an extremely important part of many estate plans. However, for private foundations to work after the…
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Your Business Exit: By Design Or By Default?
November 19th, 2013
What will be the most likely exit scenario from your business when the time comes? If you own a small business, what will your last day at work be like? What is your exit strategy? The answer hinges on whether your exit will be by design or by defaul…
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