View From McDermott: Considerations in Designing Severance Plans and Arrangements for Tax-Exempt Organizations - McDermott Will & Emery

View From McDermott: Considerations in Designing Severance Plans and Arrangements for Tax-Exempt Organizations

Overview


Joseph Urwitz and Ashley McCarthy wrote this bylined article on recent IRS regulations that impact the design of severance programs for tax-exempt organizations. “Tax-Exempt Entities face a number of legal and regulatory challenges in establishing severance arrangements, particularly with respect to executive-level severance,” the authors wrote, and they discuss the legal parameters for structuring proper agreements.