Supporting Charitable Organizations In Your Estate Plan
When you are passionate about a charitable organization or worthy cause, you may want to provide them with donations to help them continue that valuable work. Considering those organizations in your estate plan can be one of the best ways to support them for years to come.
The Law Office of Jamay Lee, A Professional Corporation, offers clients in the San Mateo area first-class legal services with a focus on estate law. If you want to benefit a good cause, we can help you explore your options and give to the causes that you care about while also protecting your loved ones.
How Can Your Estate Plan Give To A Good Cause?
Do you want to benefit a charitable organization or cause? Your estate plan can provide support for such organizations in a variety of ways, either during your lifetime or at your death. Depending on how your planned giving is set up, it may also allow you to receive a stream of income for life, earn higher investment yield, or reduce your capital gains or estate taxes.
A well-crafted estate plan should provide for your loved ones in an effective and efficient manner by avoiding conservatorship during your lifetime, probate at death, estate taxes and unnecessary delays. You should consult a qualified estate planning attorney to review your family and financial situation, your goals and explain the various options available to you. Once your estate plan is in place, you will have peace of mind knowing that you have provided for yourself and your family.