Wills, Probate

Trusts, Estate Planning

210 South Beach Street, Suite 202
Daytona Beach, FL 32114
(386) 257-3332

Personal Representative

I have been so pleased with Heidi and her staff. Everyone is warm, friendly, and eager to assist. Heidi blows me away. I had talked to multiple people, seeking advice on how to tackle my trust, Heidi was the ONLY one with immediate and excellent feedback. She solved several tricky items, and was well aware of all the laws and "should do's" and "cannot do's". Heidi always gave me plenty of time at each appointment and never rushed me. I feel so confident that I am in good hands with a company whose advice I can thoroughly trust! I highly, highly recommend Heidi and her firm!

~ Sandra G

Heidi handled the creation of our estate plan which includes a trust. In the consultation she explained all of our options and the cost involved with them. After a couple of more meetings with her we now have a completed estate plan we are very happy and comfortable with. Heidi and her team were easy to contact with questions along the way. We would highly recommend her for any estate planning needs.

~ Lisa C

leave money to a charity

How Do I Leave Money to a Charity?

There are several ways to leave money to a charity, some less complex than others. 

To keep it simple you can simply name charities in your Will or Trust —with either specific amounts or percentages.  If you choose specific charities, it is best to include their EINS to avoid confusion because their names often change. 

If your goal is broader —local causes or the resulting ‘greater good’ more important than the actual entity —then set up your Trust allowing your trustee(s) the discretion to choose the charity(ies).  If you decide to let the trustees choose the charities, leaving a clear record of your wishes is essential to help them decide.

Your gift can be cash, a specific property or asset or a share of your residuary estate.

There are more complex ways to accomplish charitable gifts including Foundations and Charitable Trusts but that’s for another post 🙂 

As always, I recommend hiring an experienced estate planning attorney to review how to incorporate charitable contributions into your plan. An attorney will know the laws in your state and suggest how to do this based on your unique needs. Charitable donations need to be clear in your estate plan to avoid confusion and possibly have the names charity refuse the bequest. 

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