According to Charity Navigator, 12% of all giving to charities is done on the last three days of the year. That’s a lot of last-minute charitable giving to have a tax write-off in a few months.

For an estate plan, however, it requires much more foresight. Charitable giving involves some estate planning techniques to maximize your donation. For instance, we could setup a Charitable Remainder Trust, which may help lower estate taxes and also help your preferred charity of choice.

We understand now is a time of cheer and celebration. We can’t wait to enjoy spending time with our own families and friends, as well!

We also recognize the loved ones you’re celebrating with this holiday season are those you want the best for – and that’s why we’re here, to help you ensure the best for them down the line. It’s worth noting the estate tax credit for an individual is $5.43 million, and it’s double for a married couple. Thus, many charitable giving trust options may not be necessary for you.

But when you get a moment, send us a note and we’ll be happy to talk through charitable giving with you at your convenience. Until then, have a wonderful holiday!