Boston Estate Planning Council

“The organization outsources management duties to barcami lane, inc. Barcami lane provides the organization with management services including finance and accounting, marketing, information technology support, membership support, and communication services.”

“Upon application and acceptance, any officer of a trust company, attorney, cpa, clu, cfp, chfc, pfs, aep, cfa, ctfa, or the holder of a master's degree in business, finance, tax, or accounting who is directly involved in estate planning may become a full member of the council, subject to the recommendation of the membership committee and vote of the board ofdirectors.”

“Full members and emeritus members are eligible to vote for a board of directors comprised of seventeen (17) full members (at-large directors) and officers. Officers of the council shall consist of a president, a president-elect, a past president, a treasurer and secretary.”

“The council distributes the form 990 to all members of its governing body for review prior to the governing board meeting preceding the date the form is to be filed.”

“To ensure the organization operates in a manner consistent with its nonprofit purpose and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic review shall, at minimum, include the following subjects: (a) adequacy ofthe conflict of interest policy and sufficiency of the organization's compliance with the policy; (b) whether compensation arrangements and benefits are reasonable and are approved pursuant to appropriate procedures; (c) whether any other financial or duality interest with respect to directors, trustees, officers, member of committees with governing board delegated powers, and senior employees are in the best interest of the organization and approved pursuant to appropriate procedures; and (d) whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investments or payments for good or services, further the organization's tax-exempt purpose and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”