How can gift planners and advisers pass on the values of giving and philanthropy to younger generations of donors?
Reynolds Cafferata, a partner with Los Angeles law firm Rodriguez, Horii, Choi & Cafferata, says creating effective and flexible legal structures for multi-generational philanthropy is key.
In an interview with The Chronicle and Tony Martignetti Nonprofit Radio, Mr. Cafferata offers some tips on how to give advice to families who are trying to establish foundations that can span generations.