hammers and tools hanging in garage

(Legal) Word of the Day: Property

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Three Parties I’ve previously written about the three parties necessary for every trust: (1) the settlor (sometimes called the donor or grantor); (2) the trustee; and (3) the beneficiary. Two Other Elements Besides three parties, at least…
Dr. Martin Luther King Jr memorial

Honor Dr. Martin Luther King, Jr. by Defining your Legacy

Today we celebrate Dr. Martin Luther King, Jr. and his passion, constancy, and determination in making America live up to its professed ideals and fulfill "the promise that all men, yes, black men as well as white men, would be guaranteed the…
Marting Luther King Jr. and American Flag

Celebrating the Legacy of Martin Luther King Jr.

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Martin Luther King Jr. Day is tomorrow (January 20) I think it's important to pay tribute to a man who truly championed ideals of equity, freedom, peace, and justice. Among his many accomplishments, Dr. King tirelessly pushed for nonviolent…
puzzle pieces

Grantor-Grantee Policy Best Practices

 What is a Grantor-Grantee Policy? A grantor-grantee policy outlines how the organization expects the relationship with grantees (other organizations applying for funding or grants) to be structured. (Sometimes you’ll see this type of policy…
people brainstorming at table

Nonprofit Best Practices: Implement an Endowment Policy Handbook

If your nonprofit has an endowment, I recommend adopting and implementing an endowment policy handbook. The benefits of this handbook are numerous. For one, it can best prepare the nonprofit's leaders to manage and put to use bequests of all…
footballs on wall

College Football Playoff National Championship: 5 Similarities Between Football & Estate Planning

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Turn on ESPN, put on your jersey, and stock with fridge with a cold beverage...the College Football Playoff National Championship is this Monday, January 13, 2020. (The game kicks off at 8 p.m.) While reading up on the stats and predictions…