Leaving behind funds for taking care of your family members is often the primary motive of estate planning. However, many individuals in their lives have been heavily involved with charitable work and it is logical for them to want to leave behind a charitable gift to continue after they have passed. There are many tools and considerations when planning a large charitable gift as part of the estate.
See Bruce DeBoskey, "Estate Planning for Charity can Shape Legacy," denverpost.com (Oct. 30, 2011).
Posted by Shahzeb Gaziani, Senior Associate Editor, Wealth Strategies Journal.
Leave a comment