Ms. Abbott works extensively with charitable organizations, helping them to incorporate and obtain tax-exempt status and advising on issues such as foreign charitable activity, political activity and lobbying restrictions, intermediate sanctions and the private foundation excise taxes. She also works with charitable organizations to structure and administer planned giving programs.
Ms. Abbott works with individual clients to structure their estate plans and lifetime gift programs to best achieve their objectives, while reducing federal and state estate taxes. Her practice encompasses all areas of estate, gift, generation-skipping and income tax planning. She has worked with clients to structure a broad variety of charitable gifts, including charitable remainder trusts, charitable lead trusts, private foundations, charitable gift annuities and conservation restrictions. Ms. Abbott also advises banks and trust companies regarding their trust programs and handles complex estate administration matters.
Her recent experience includes:
- Leading the Goodwin Procter team that set up and obtained 501(c)(3) status for the One Fund Boston, formed to benefit those most affected by the Boston Marathon bombings and related events
- Advising New Profit, a nonprofit social innovation and venture philanthropy fund, on the organization’s role as a funder and intermediary in the nation’s largest financial investment in a pay for success (PFS) initiative
- Advising Woods Hole Oceanographic Institution regarding the charitable gift of a deep-sea submersible by filmmaker James Cameron