David W. Kesner

Wiggin and Dana Launches Philanthropy Practice Group

October 14, 2014

New Haven – Wiggin and Dana is pleased to announce the formation of the firm's Philanthropy Practice Group comprised of a team of lawyers from several of the firm's practice areas. The team will be led by Wiggin and Dana Partner Karen Clute.

"The laws and regulations are continuously changing, complicating charitable giving," said Bob Benjamin, Chair of Wiggin and Dana's Executive Committee. "This practice group brings together attorneys with an intimate knowledge of tax, fiduciary and compliance issues governing charitable organizations. Their ability to analyze an issue from both the individual donor and charitable organization's perspective makes this practice a tremendous asset for those trying to navigate the complexities of charitable giving. The group also benefits from being able to draw on the experience and insights of several of our litigators who have represented charitable organizations and trustees in complex fiduciary matters."

"Our goal with the formation of this practice group is to be a one-stop resource for individual donors, public charities and private foundations," said Attorney Clute. "As donors look for opportunities to increase their charitable giving, they often confront challenges in crafting solutions to best realize their charitable goals and intentions. We can help them structure and implement their plans in tax-efficient ways."

Wiggin and Dana's Philanthropy Practice Group brings together estate planning attorneys versed in the intricacies of the tax laws relating to charitable giving with colleagues who regularly counsel operating charities, private foundations and other tax-exempt organizations. Members of the practice group routinely assist those who are interested in establishing charitable remainder trusts, charitable lead trusts or private foundations in navigating the labyrinth of income and estate tax charitable deduction issues, as well as tax exemption and compliance issues. Attorneys in this practice group also advise trustees and foundation managers on gift acceptance policies, the interpretation of gift restrictions and on compliance and operational issues.

The Philanthropy Practice Group will operate in conjunction with Wiggin and Dana's Tax Exempt Organizations Practice Group, which focuses on the unique needs of operating charities, and the firm's Education and Tax Exempt Health Care Organizations Practice Groups, which represent numerous schools, colleges and universities and dozens of hospitals and other tax-exempt healthcare organizations.