CONSIDER CHARITABLE CHOICES IN YOUR ESTATE PLANNING
As part of your estate planning, you might want to consider making a gift to one or more of your favorite charities in your Will or Trust. This is what is known as “Planned Giving”.
Depending on the type of gift you choose, you may potentially reap benefits from your philanthropy that have very practical and desirable outcomes, such as the following:
- Ability to leave a legacy
- Income tax benefits
- A life income for you or your spouse
- Reduce or eliminate capital gains taxes
- Personal Satisfaction
Whatever your objective, an estate planning attorney can help you choose the right tool to provide the most benefits for you, your family, and your charity.
Questions? The Law Office of Debra Simms is here to help. Call us today 386.256.4882
This blog post is not case-specific and is provided only for educational purposes and is not intended to provide specific legal advice. Blog topics may or may not be updated and entries may be out-of-date at the time you view them.