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Professional Council Spotlight: Nicole Toft, Esq.

10/2/2015

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Nicole Toft, Business and Real Estate Lawyer, DAVIS Law
Nicole Toft is Co-Chair of the Laguna Beach Community Foundation Professional Council.
How do you define success within your line of business?

I’m a business and real estate lawyer.  My clients usually ask me to get involved when there is either an existing problem, or potential for a problem.  In litigation, that means clients are contemplating filing a lawsuit or they are parties to a lawsuit filed by someone else.  In transactional work, that means clients are contemplating a deal and are looking for my guidance in structuring a transaction that minimizes their risks while achieving their objectives.  

Success is reaching a fair result for my clients, being responsive to their needs, and being an efficient lawyer.  In litigation, that involves assessing risk and taking a case all the way through trial if necessary, or settling a case if the time is right.  In the transactional context, this means minimizing risk to my client, negotiating deal points when necessary, problem solving, and turning documents around quickly so that I don’t slow down the deal.         
 
As a Civil Litigation Attorney, what do you enjoy most about having a nonprofit as a client?
 
I enjoy helping nonprofits take care of “the legal stuff” so they can focus on what they do best.  By that I mean helping nonprofits with their formation documents, achieving (and maintaining) their 501(c)(3) status, and problem solving with boards as issues arise in the life of a nonprofit.  It is always an honor to work with, and for, people who dedicate their lives to service.  Seeing, learning about, and feeling the impact of nonprofit clients in Laguna Beach and Orange County is also extremely rewarding. 

You are involved in community work.  What type of personal rewards do you get from your community service?
 
My goal in community work is simple: to enrich the lives of others.  For some charities, that means contributing financially.  For others, it means being active in the community through volunteerism.  It is always great to take off my legal hat and get involved.  Anything I do to help or teach members of the community has always been a tremendously rewarding and enriching experience.  It helps me be a better person and reminds me to allocate my time to areas where I can have the most impact during my life.   

Our favorite authors tend to influence the way we live our lives and our philosophies. Who is your favorite author and how has this person influenced you?
 
I am not a reader.  There, I said it.  As a lawyer, I spend most of my day reading legal documents.  That said, authors haven’t had as much impact on me as you might imagine.  Who has impacted me is my family, and specifically, my husband, my parents, and my identical twin sister.  They all mean the world to me.  They have taught me to treasure family, to stay grounded, and to appreciate what life has to offer.   

Where are you from and what is your favorite thing to do there? What is your favorite past time in Laguna. What do you love most about Laguna?
 
I was born in San Francisco, but I consider myself to be from Newport Beach because I grew up in Newport starting at age six.  As a kid, Laguna was a great place to spend the day.  As an adult working on my eighth year at Davis Law in Laguna, I get to spend every workday here, and even some weekends (hopefully not work related!).  What I love most about being in Laguna now is the energy and uniqueness of the city.  The city is always evolving, but also holds on to a piece of history.  I love Laguna’s restaurants and festivals.  Oh, and the fact that it has the best nonprofits in the world! 

If you are interested in joining the Professional Council, please contact Rachel Lindsay at 949-715-8223 or via email at [email protected].
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Endow Laguna - Give Where You Live

10/1/2015

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Nonprofit gala season is upon us. Laguna Beach, a city of approximately 23,000 residents, has over 200 registered nonprofits. Sit back and think about everything that makes Laguna Beach so special – a booming arts culture, a pristinely maintained and preserved blue belt and green belt, robust and diverse educational opportunities for our children, and residents committed to activism and betterment of the world we live in – just to name a few. Without the tremendous efforts of so many local nonprofits and individuals, much of what makes Laguna Beach so special would not be where it is today.
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This is why, 10 years ago, the Laguna Beach Community Foundation (LBCF) was created. It is the vision of LBCF to preserve what makes Laguna Beach so special through its charitable organizations and individuals. By purposefully giving where you live and ensuring the sustainability of this beautiful place we call home, we can all be a part of a tremendous legacy. 

By partnering with Laguna Beach Community Foundation in your charitable giving, you are a key component in creating this legacy. How will you help build a legacy?

Open A Fund – Have you ever considered starting a Private Family Foundation or streamlining your charitable giving? A Donor Advised Fund (AKA a giving fund) can be opened in less than one day, is administratively managed by Foundation staff and provides you with a higher percentage of tax deduction allowance than a private foundation. Your money can be invested by a world-class, pro bono Investment Team to enhance your giving. Instead of paying a commercial institution to manage your charitable giving, give where you live and support the legacy of Laguna. 

Make Your Legacy a Laguna Legacy – We all have causes that are important to us. By partnering with the Laguna Beach Community Foundation, we can make sure your charitable goals are met. We can work with you on making a bequest, giving through a charitable remainder trust or charitable lead trust, giving gifts of life insurance or contributing assets no longer needed from a retirement fund. There are many ways to reduce your taxable estate and we are here to help you figure out what’s most advantageous for you. 

Together, we can make a difference. Call Laguna Beach Community Foundation today to become a key component in preserving the legacy of Laguna Beach. Call LBCF at 949-715-8223 or via email at [email protected].

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​The mission of Laguna Beach Community Foundation is to encourage philanthropy in the greater Laguna Beach area through its charitable organizations and residents. Laguna Beach Community Foundation is a registered 501(c)3. EIN 20-6390272.

Address: 303 Broadway, Suite 212, Laguna Beach, CA 92651
Telephone: 949.715.8223

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