Thacher Storm estate planning and planned charitable giving tax

Representative Matters

Wills and Revocable and Irrevocable Trusts

Drafting and implementing wills and revocable and irrevocable trust instruments to accomplish clients’ objectives practically and tax-efficiently.

Trusts and Charitable Gift Annuity Agreements for Tax-Exempt Donee Organizations

Preparing charitable remainder trusts, charitable lead trusts and charitable gift annuity agreements for donors and on behalf of tax-exempt donee organizations.

Charitable Giving Through Various Vehicles

Advising clients in making charitable gifts through a combination of personal funds and dedicated charitable funds (such as private foundations and donor advised funds) to optimize charitable deductions and avoid negative tax consequences.

Charitable Gifts in Advance of Liquidity Events

Advising clients and client entities in connection with large charitable gifts in advance of liquidity events.

Gifts of Large Blocks of Publicly Traded Securities

Advising clients and client entities in connection with gifts of large blocks of publicly traded securities.

Representing Donors

Representing donor of large archival collection to art museum.

Restricted Gifts and Pledge Agreements

Representing donors and tax-exempt organizations in connection with restricted gifts and pledge agreements, including agreements related to major capital and programmatic gifts.

Grantor Retained Annuity Trusts

Drafting and implementing grantor retained annuity trusts to transfer appreciation of property to benefit family directly or to finance other estate planning opportunities.

Qualified Personal Residence Trusts

Planning and drafting qualified personal residence trusts to transfer homes and vacation residences to younger generations at reduced transfer tax cost.

Irrevocable Trusts to Reduce or Eliminate Estate Taxes

Structuring and drafting irrevocable trusts to own life insurance to reduce or eliminate estate taxes and provide liquidity at death.

Private Foundations

Creating and qualifying private foundations and advising on their operation and compliance with tax laws.

Advising Fiduciaries in Administration of Estates and Trusts

Advising fiduciaries regarding the legal and tax aspects of their administration of estates and trusts.

Wealth Transfer Planning

Long-term representation of clients in ongoing and continuous wealth transfer planning.