Trusts & Estates
Jan. 4, 2013
Estate lawyers counsel the tech nouveau riche
For many of Silicon Valley's newly wealthy, making charitable donations is as much about philanthropy as it is about avoiding taxes, estate lawyers say.
Daily Journal Staff Writer
Mark Zuckerberg's recent donation of nearly $500 million in Facebook Inc. stock to a San Jose charity was more than generous - it also signals the rise of a new kind of hands-on philanthropist who helps direct how the money is spent.
For many of Silicon Valley's newly wealthy, charity has become more than a tax write-off. While many C-suite executives have tried to protect themselves from unc...
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