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David First, Tax & Business Services Partner, Quoted in Wall Street Journal Article "How to Make Sure You Don't End Up With Donor's Remorse" By Kelly Greene
David First, Tax & Business Services Partner, Quoted in Wall Street Journal Article "How to Make Sure You Don't End Up With Donor's Remorse"
In the article, Mr. First said, "You also can form an investment committee and a distribution committee so that you aren't leaving all decisions to a corporate trustee."
Additionally, Mr. First said, "For the investment committee, you could appoint three different investment advisers (who could be replaced by the trust protector). The distribution committee could be a group of family members who work well together, almost like a board of directors."
