Representation of unitrust beneficiaries in the commutation of charitable remainder trusts and IRS filings associated with acts of self-dealing resulting from overpayment.
Represented public charitable organizations and fiduciaries in connection with suit to construe bequest or trust provisions for the benefit of the charitable organizations.
Attained a bench win in a partition suit for a non-profit preservation trust.
Handled the reformation of 20 nonqualified charitable remainder trusts in a $500+ million estate to qualify the remainder interests for the federal estate tax charitable deduction.
John Doe 1K and John Doe 2K v. Roman Catholic Diocese of Charlotte, NC, 775 S.E.2d 918 (N.C. Ct. App. 2015). McGuireWoods obtained a significant victory for a Roman Catholic diocese. Several plaintiffs alleging sexual abuse by priests in the 1970s and 1980s filed suits against the Diocese. The lawsuits were designed to advance novel rules for tolling of statutes of limitation. In August 2015, the North Carolina Court of Appeals, in its first decision addressing the application of statutes of limitations in cases alleging decades-old abuse by clergy, ruled in favor of the Diocese. The Court of Appeals declined to adopt the tolling theories urged by the plaintiffs, all of whom admitted that they had always known of the alleged abuse but had made no effort to pursue potential claims for decades.
McGuireWoods Tax Lawyers Author Expert Analysis on Unrelated Business Income Tax
December 18, 2018
Accomplished Public Finance Lawyer Lisa Williams Returns to McGuireWoods in Charlotte
August 2, 2018
New Guidance for Tax-Exempt Organizations Calculating Excise Tax on Pay of Highly Compensated Employees
February 5, 2019
Donors Must Dot All i’s, Cross All t’s When Making Year-End Charitable Gifts
December 17, 2018
Tax Law Changes Complicate Tax-Exempt Organizations’ Attempts to Calculate UBTI
December 13, 2018
New Tax Regulations Limit Deductions for Gifts That Generate State Tax Credits
September 7, 2018
Donor Advised Funds: Useful New Tools for Charities and Donors
August 14, 2018