CHARITABLE PLANNING

In addition to preserving wealth for oneself and family members, many individuals think altruistically and desire to fulfill their philanthropic goals by including charitable gifting strategies as a component of their estate plan.  Such charitable gifts can be planned for and implemented during an individual’s lifetime and/or after death.

Charitable gifting techniques include the creation of private foundations, the use of Donor-Advised Funds (DAFs), and transfers to various charitable trusts, including Charitable Remainder Annuity Trusts (CRATs), Charitable Remainder Unitrusts (CRUTs) and Charitable Lead Annuity Trusts (CLATs).