Charitable giving through testamentary gifts is a powerful and altruistic way to leave a legacy and make a positive impact on the causes and organizations you care about. Testamentary gifts, often included in your will or estate plan, allow you to support charities, non-profits, or educational institutions after your passing. By designating a portion of your assets or a specific dollar amount to these charitable beneficiaries, you ensure that your support continues well into the future.

One of the significant advantages of testamentary gifts is that they can be flexible and adaptable to your changing financial circumstances. You have the freedom to adjust the beneficiaries, amounts, or even the specific charitable purpose of your bequests as your priorities evolve. These gifts can also be structured to minimize potential tax implications, potentially allowing you to maximize the impact of your contribution. Testamentary gifts not only provide financial support to your chosen charitable causes but can also inspire and encourage others to consider their philanthropic commitments, leaving a legacy of generosity and social responsibility. By including charitable giving in your estate plan, you can create a lasting impact that reflects your values and passions, supporting the organizations and causes that matter most to you.

If you would like assistance with your charitable giving and testamentary gifts as part of your estate planning, please don’t hesitate to contact our office to schedule a meeting. We are here to help you create a meaningful and impactful legacy that aligns with your philanthropic goals. Call Roth Elder Law, PLLC at 607-962-6162 or complete this intake form and we will be in touch to schedule a meeting.