Charitable Services
Charitable Services | Charitable Giving | Charitable Remainder Trusts
- Estate planning guidance for clients who
have an interest in charitable giving, including development of
planned giving strategies:
- Outright lifetime gifts
- Testamentary gifts
- Charitable Lead Trusts
- Charitable Remainder Unitrust/Annuity Trust
- Crescendo® software available for split interest trust calculations
- Transfer of assets, custodial services and full investment management available
- Accurate income and principal accounting under Oregon and Washington law
- Accounting for charitable trusts including balance sheets, market value reconciliation and transaction detail by category and/or date
- Monthly or quarterly statements mailed to donor for split interest trusts; annual or more frequent statements available to charitable interests
- Preparation of Application for Exemption (Form 1023) for IRS charitable determination letter, Application for Federal Tax Identification Number (SS4) and Notice of Fiduciary Relationship if required (Form 56)
- Income tax return preparation for Split Interest Trusts (Form 5227), Private Foundations (Form 990PF) and Public Foundations (Form 990), and corresponding donor tax information (Schedule K-1) as required
- Annual reporting to state agencies (Oregon Department of Justice, Form CT-12)