Most people have a cause or charity that is close to their hearts and are
happy to donate their time or money to the charity. Most charities are
very grateful for the support because they are non-profit organizations
with a great need for support. In addition to your efforts during life,
you can also support your charity upon your death by including it in your
There are many ways to make a gift to your favorite charity at your death
that range from the simple to the complex. You can for instance name the
charity as the beneficiary of your IRA account or a life insurance policy.
You can name the charity as a beneficiary in your will and give it either
a specific dollar amount or a percentage of your estate as a gift. You
can even do something a little bit more elaborate like establish a charitable
remainder trust, an endowment or a foundation. The choice is yours and
with the guidance of your estate planning attorney, accountant and financial
advisor, you can set up the charitable gift plan that best suits you.
Many charities also have staff members who are very knowledgeable about
charitable giving options and they can be a great place to start your research.
Several charities will recognize a volunteer who has made plans for the
charity in his or her estate plan while the volunteer is still alive.
It is the charity’s special way to say thank you for thinking of
it and wanting to continue to make a difference on its behalf after you