Richard S. Caputo of Fox Rothschild Presented at Fiduciary Education Foundation on Charitable Trusts

June 16, 2010 – Press Releases

Richard S. Caputo, a partner in the Exton office of Fox Rothschild LLP, spoke at the Fiduciary Education Foundation’s 2010 Certified Trust and Financial Advisor (CTFA) Continuing Education Seminar on “Charitable Trust Administration” and “Using Charitable Trusts in Estate Planning—Traps for the Unwary.” The event was held at the Harrisburg Hilton on May 26-28.

Caputo provided attendees with case studies that explored various wills and the problems associated with each. He then addressed, one by one, these issues detailing best practices in resolution. Caputo also expounded on charitable trust administration and the common errors that could result in a surcharge. He offered insight on what a charitable trust was, common income tax compliance issues his clients face and how to avoid them, among other points of interest.

Caputo’s practice at Fox Rothschild focuses on trust administration, Orphans’ Court litigation, tax-exempt organizations and estate planning. He devotes his practice to assisting corporate fiduciaries in obtaining tax-exempt status for their charitable trusts, representing corporate fiduciaries in Orphans’ Court Proceedings, forming public charities, private foundations and supporting organizations and addressing tax-exempt compliance issues such as self-dealing, taxable expenditure responsibility and excess business holdings.

Caputo is experienced in preparing Form 1023 applications, Petitions for Adjudications, Petitions to Terminate, Petitions to Reform, Guardianship Petitions and non-judicial settlement agreements, structuring compensation arrangements and preparing estate planning documents.

Regularly speaking on topics concerning charitable trust administration and philanthropy, Caputo generally presents to tax-exempt clients and has spoken for the Montgomery County Estate Planning Council, Berks County Estate Planning Council, Chester County Estate Planning Council, Fiduciary Education Foundation, the PBA Wealth Management & Trust Conference, the Committee of Banking Institutions on Taxation and the Pennsylvania Bar Institute.

Caputo belongs to several associations including the American Bar Association, the Tax-Exempt Organizations Committee of the ABA, the Pennsylvania Bar Association and the Berks County Bar Association. He also serves on the advisory board of The Pennsylvania State University Berks Campus and is the president and a director of The Berks County Chapter of the Pennsylvania State University Alumni Association.

Caputo received his LL.M. in Taxation from Villanova University School of Law in 2001, his J.D. from The Dickinson School of Law in 1997 and his B.S. from The Pennsylvania State University in 1994.

Learn more about Fox Rothschild LLP.