Establishing Charitable Donations In Your Estate Planning

Last updated on August 29, 2024

When you consider including charitable donations in your estate planning, it is important to make sure your last wishes are protected while also accounting for all of the important details of this decision. Without creating a strong estate plan, you leave your assets and wishes in a vulnerable position. Thankfully, you can get the guidance you need from a San Antonio law firm you can depend on.

At Aldrich Law Firm, PLLC, our law firm is here to guide you through the process, ensuring that your philanthropic goals are achieved while maximizing the benefits to your estate.

Tailored Strategies For Charitable Giving

Our attorneys understand that each act of giving is personal and significant. As your estate planning lawyers, we will work closely with you to learn about your values and intentions for your estate and what your donation goals are. Whether you want to support a charity in your area, create an education scholarship or benefit a global cause, we can help you create a plan to fulfill your needs.

Optimizing Tax Advantages

Charitable giving can be an effective method of reducing your taxable estate and decreasing potential estate taxes. Our experience in estate and tax planning can help you understand how your charity can create tax benefits for you. Your donations can maximize the tax advantages in these situations, and we can provide you with detailed guidance on which types of assets are available and advice to help you overcome any tax issues during your estate planning.

Utilizing Advanced Estate Planning Tools

There are many different ways we can fulfill your estate planning goals through several different estate planning tools. For example, trusts, including charitable remainder trusts and charitable lead trusts, can create flexible planning options for your estate plan. When you come to us for your estate planning needs, we will review your unique goals and present you with the options available to accomplish them and their benefits to help you make informed decisions.

Create Your Donation Plans With Confidence

As your estate planning attorneys, our Texas attorneys can ensure your plans comply with the law and help keep them regularly updated after life events. If you are ready to update or create an estate plan that reflects your charitable wishes, contact us today by calling CALL or emailing us here.