Why You Should Include Charities In Your Will
Although charitable giving is not the first thing that comes to mind when people begin their estate planning, most people do want to use their money to help change the world.
Additionally, the IRS found that a typical bequest is almost three times larger than the total amount that person has donated in his or her lifetime.
It helps that charitable giving may help to reduce federal estate and gift taxes for that estate.
There are several ways to structure your charitable giving too. Learn more about this important part of an estate plan here.