When we review our life’s accomplishments, your thought’s may be to turn to the idea of Charitable Giving. Many companies and individuals consider how they can make a difference in the lives of others by making simple annual Charitable contributions to charities throughout their communities and throughout the world. Small and large corporations donate annually through foundations. On a larger scale, people every year leave modest and large sums to churches, charities and nonprofit groups through their Will and Trust provisions.
If you desire to donate a portion of your estate to charity or are interested in learning about your options, it is in your best interest to discuss your situation with an experienced estate planning lawyer. At our office we can help you understand all of your rights and put together a plan that maximizes your generous gifts.
Giving to charities is not always as simple as it sounds; it goes far beyond simply declaring that you would like to give a set amount of money to your local church or charity. Once you have identified an organization you would like to donate to, it is important to find out the best way to structure your gift.
When we consult with you we can put all the documents in place to maximize your charitable giving, including remainder trusts and direct giving outlines in your will. Our firm can also help you identify the estate tax implications of your giving and make any necessary adjustments to your overall estate plan.
To learn more, or to schedule an initial consultation, contact our firm today.