Entertainment Foundations & Loan-Out Companies Guide



NMG is proud to announce that we are now offering an NMG Guide on entertainment foundations and loan-out companies.

Entertainers start foundations for a myriad of reasons - for altruistic reasons such as giving back to a community that supported them, to helping minimize their taxes, and anything in between. What some don't realize is that a foundation is a legal entity that must be nurtured and maintained, just like their careers. Loan- out companies are also entities but they are for-profit companies. They are often formed to protect the entertainer from liability (i.e. lawsuits). They also can help reduce the entertainer's taxes.

This NMG guide will provide an overview of the types of foundations and loan-out companies that entertainers may establish; including commentary on how to set these up, and discussions on some of the tax and operational issues.

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