Wednesday, April 1, 2009

Charitable Estate Planning - Bequests


There are many ways to engage in charitable estate planning. One of the most basic ways to make a charitable gift is through a bequest, which anyone can make in their wills. A bequest is appealing to many people because they maintain control of their assets until they die. It is the easiest way to give, and it can also be changed at any time before the person dies.

The bequest is a statement in the will identifying assets that you want to leave and the charitable institution to which you want to leave the assets. This is the simpliest way to remember those institutions and charitable endeavors that were important to you during your lifetime.

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