Oklahoma Tax Law

 

Reduce Taxes Through Charitable Giving in Oklahoma

Charitable tax planning can be an effective means to reduce your personal tax burden while also meeting your desire to contribute to your community. Mee Hawkins Greenhaw & Cotner PLLP, provides a full range of services for individuals seeking to establish charitable trusts such as charitable remainder annuity trusts (CRATs) and charitable remainder unitrusts (CRUTs). 

We also assist families organize 501(c)(3) tax exempt private foundations.  A private foundation can save income taxes during the primary donor's lifetime, and perpetuate the values of the primary donor during lifetime and afterwards.  

Private foundations can be established during the primary donor's lifetime, or at the death of the primary donor.  They may take the form of a Not-for-Profit corporation or a charitable trust.

Public charities • Tax exempt organizations • Charitable gifts

Whether you are an individual looking for the advantages of charitable tax planning, or an executive of a 501(c)(3) private foundation or public charity entity seeking experienced legal counsel, you can rely on Mee Hawkins Greenhaw & Cotner PLLP with confidence. We are conscious of your need to keep legal costs manageable. We will work toward developing a long-term relationship that will help us understand how your immediate legal needs fit into your objectives for success. When you need large-firm results with the client services only a small firm can deliver, you can rely on us.

In addition, our attorneys work with nonprofit organizations to help implement annuity plans and endowment funds to increase gifts from individual donors.

Nonprofit governance

When you become a board member of a 501(c)(3) organization, you accept legal and fiduciary responsibility for the actions of staff, volunteers, and program participants. We provide legal counsel to boards and can help your members understand what is involved in directing a healthy and successful organization. Through seminars and training we can give your directors confidence to make decisions that will not lead to legal problems.

Contact our office in Oklahoma City, Oklahoma, to schedule a consultation with one of our estate planning lawyers.