Title: Billed as a "how to" book, there is no "how to" in the book.
Product review: The subtitle of this book, "How to Establish Your Own Private Foundation," should be subtitled "Why to Establish Your Own Private Foundation." The book is long on generalities, and the so called "conversations" that the authors call "case studies" are insulting. An example: "Cool," said Danny. "Can I smoke a big fat cigar?" "Get Serious," said Debbie. "The foundation will take some time and effort." "Anything's easy after a two-year-old, then twins," said Danny. Please note that there are also factual errors in the book, not the least of which is computing the IRS 1-2% excise tax on a foundation's earnings instead as 1-2% tax on assets owned by the foundation (an error of a factor of 10). Don't waste your time or money on this book.
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