For many people, charitable giving can become a powerful and meaningful legacy. It’s important that you talk to your loved ones about this kind of generosity, but an experienced estate attorney can help you understand your options.
Donating from an estate can come in several forms: of an outright gift in your will, through a retirement account, as a split-interest gift, or as a part of a trust.
Many of these options seem like something that only the wealthy consider, but you might be surprised by the options available to you.
Depending on your needs, you may be able to use a charitable gift to help with your income taxes too.
Talk to an experienced estate planning law firm today for more information.