Phantom stock is offered by some companies to senior employees, giving them some financial benefits of owning shares without having actual ownership of company stock. What Is Phantom Stock? Phantom stocks are a form of... Continue Reading
For most estates, acting as an executor entails some work, but it’s not overly complicated. Regardless of the complexity, it’s important to keep in mind throughout the process that you have a legal obligation to act in the... Continue Reading
Largest source of charitable giving is individuals— $309.66 billion98.2% of HNW households give to charityOn average, HNW households gave 9.1% of their income to charity Why Do Individuals Give? Studies on Charitable... Continue Reading
Not a Public Charity, Private Foundation or Charitable Trust LLC not subject to mandatory distributions or prohibitions on self-dealing, excess business holdings, jeopardy investments and taxable expenditures (e.g.,... Continue Reading
A phantom stock agreement is an employee benefit plan that gives many advantages of owning stock in the company without giving them actual stock. A phantom stock agreement, also called a phantom stock plan, is an employee... Continue Reading