Presented by: GPM's Charitable Gift Planning Team
A Breakfast Briefing presented by:
Gray Plant Mooty’s Charitable Gift Planning Team
Speakers: Robert Harding and Jessica Johnson
Charitable institutions sometimes act as trustee of charitable remainder trusts, charitable lead trusts, and even a donor’s revocable trust. Most charities will charge only out-of-pocket expenses, not a trustee’s fee, so a charity’s willingness to serve as trustee is a plus for a prospective donor. As trustee, however, a charity assumes administrative burdens and exposes itself to potential fiduciary liability.
This session will explore the pros and cons a charity faces when deciding whether to act as trustee. We will also discuss do’s and don’ts in trust administration. The questions we will address include:
7:30 a.m. – 9:30 a.m.
Gray Plant Mooty, 500 IDS Center–5th Floor, 80 South Eighth Street, Minneapolis, MN 55402
Gray Plant Mooty is recognized as one of the leading corporate law firms in Minnesota and one of the top franchise firms in the world. Our roots go back to 1866. Today, we are a full-service firm with nearly 180 attorneys and offices in Minneapolis and St. Cloud, Minnesota; Washington, D.C.; and Fargo, North Dakota.