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Practice/Industry Group Overview
Charitable Foundations and Gifts
Charitable giving is integral to many estate plans. We know how to structure it for maximum tax advantage, while fully achieving your charitable intentions. Our lawyers can:
- Obtain and maintain the charitable status of family foundations
- Plan and implement charitable lead trusts, including charitable lead unitrusts designed to leverage the generation-skipping tax exemption as well as more traditional charitable remainder trusts
- Ensure compliance with state and federal regulations on foundation investments
- Administer large estates through sophisticated split-interest charitable trusts
Gift Planning
We establish annual gifting programs as one of the most effective ways that you can minimize estate taxes and protect family assets. Our lawyers emphasize aggressive planning and creative trust vehicles to leverage your gift tax exclusions and credits. We ensure full tax compliance in all our giving strategies, and regularly secure Private Letter Rulings and other guidance from the IRS to allow effective gift and generation-skipping tax planning.
Exempt Organizations
We help tax-exempt organizations secure and maintain their charitable status, which often involves guidance on the most effective grant-making policies to establish. Our lawyers often counsel exempt organizations on their investment, reporting and tax obligations under state and federal laws, particularly those that involve ownership of for-profit subsidiaries. If IRS questions arise over tax-exempt status, we will respond to audits and inquiries and secure letters of determination.
Charitable Trusts and Foundations
Our lawyers have formed and structured charitable trusts and foundations with billions of dollars in assets. As part of our private wealth counseling, we have considerable experience in advising charitable organizations about endowment development programs, including the structuring and operation of donor-advised funds and supporting foundations.
About Our Private Wealth Team
Baker Hostetler's private wealth team members have the skill and discretion to handle even the most sensitive and complex matters. Our senior lawyers have decades of trust and estate counseling experience, and all team members are highly knowledgeable about federal and state tax laws as they relate to family businesses, charitable giving, wealth preservation and estate planning. A number of our team members are CPAs, another illustration of how we combine top legal, business and financial experience.
About Baker Hostetler
Baker Hostetler lawyers help clients establish, maintain and protect market-leading positions across the United States and around the world. We offer clients the strength of 600+ lawyers in a full range of practices, a unique geographic platform including both the coasts and the center of the country, a deep knowledge of industry issues and a 90-year track record of excellence and achievement.
For more information on our Charitable Planning practice:
National Contacts
Edward J. Beckwith
202.861.1646
ebeckwith@bakerlaw.com
George Mooradian
714.966.8800
gmooradian@bakerlaw.com
Cincinnati
William Appleton
513.929.3403
wappleton@bakerlaw.com
Cleveland
Christoper J. Swift
216.861.7461
cswift@bakerlaw.com
Columbus
Edward J. Bernert
614.462.2687
ebernert@bakerlaw.com
Costa Mesa
George Mooradian
714.966.8800
gmooradian@bakerlaw.com
Denver
Raymond L. Sutton
303.764.4103
rsutton@bakerlaw.com
Houston
Lisa H. Pennington
713.646.1303
lpennington@bakerlaw.com
Los Angeles
John F. Cermak
310.442.8885
jcermak@bakerlaw.com
New York
Paul P. Eyre
212.589.4210
peyre@bakerlaw.com
Orlando
G. Thomas Ball
407.649.4004
tball@bakerlaw.com
Washington, DC
Edward J. Beckwith
202.861.1646
ebeckwith@bakerlaw.com
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