Charles Fayerweather assists nonprofits, individuals and estates with planning for the future while maintaining an eye on life’s day to day activities. He has nearly 30 years of experience advising clients on estate, tax, and governance issues, as well as serving as a fiduciary.
Charles represent nonprofits with virtually every issue that arises during the life of an organization. Often serving as general counsel, he is experienced in formation, fundraising, employment and compensation issues, real estate, liability reduction, governance issues and obtaining recognition of tax-exempt status through on-going regulatory and tax compliance. Leading nonprofits seek Charles's counsel with tax compliance issues, including unrelated business income tax, self-dealing in private foundations, excess benefit transactions in public charities, and political activities.
Representing high net worth individuals, Charles uses sophisticated estate planning and charitable giving techniques to allow the transfer of wealth to successive generations and to charities in a tax efficient manner. He also often represents non-traditional families and business owners to successfully address their unique estate planning needs.
As a professional fiduciary, he acts as a trustee of individual and family trusts and as an executor of estates.
Charles is also a Senior Vice President and Chair of the Audit Committee at Hemenway Trust Company, a private fiduciary firm based in Salem, New Hampshire.
“I enjoy helping private foundations leverage their resources to engage in innovative grant making programs. From using grants to buy real estate that supports start-up charities to establishing scholarships for new programs, aiding nonprofits in fulfilling their respective missions is central to what we do at Hemenway & Barnes.”