SUMMARY
Under the ESTATE ACCOUNT REVIEW PROGRAMTM developed by M. Jasmine Sweatman, an organization's administration procedures for estate and bequest management are audited.
The purpose of the PROGRAM is for the external expert review of your organization's administration procedures in place for estate gifts to ensure policies and procedures protect the interests of your organization with a view of :
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Receiving the maximum amount to which it is entitled from each estate, within reasonable cost and policy parameters and timeframes
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Managing risk to minimize liabilities
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Compliance with the organization's fiduciary duties and obligations
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Ensuring the program is appropriately resourced
Under this PROGRAM your organization receives an objective assessment of your current procedures accompanied with recommendations. The recommendations center around:
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Proactive gift administration
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Expedited turnaround time
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Standardized letters and policies
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Appropriate due diligence for each file review
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Customer service
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Use of legal advice and resources
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Staff training
The process generally requires a background and orientation session, the selection of random and appropriate files for the audit, preparation of provided information, file review, and the preparation and presentation of the Report and Recommendations.
