How Planning Your Estate Can Benefit Kids with Cancer
At any stage of life, it is important to plan for how your affairs will be handled. A few simple steps today can give you peace of mind tomorrow by ensuring that you and your loved ones are well protected and that your legacy lives on in a way that you choose.
“Planned Giving” has a few names, including legacy giving, gift planning, and estate giving. It is a means of making charitable gifts part of a financial, estate, tax and philanthropic plan, maximizing the benefits to both the donor and the charity, and often achieving significant tax savings.
Increasing the impact of your giving can often be achieved at a very low cost. It’s simply a matter of planning WHAT to give, HOW to give and WHEN to give, based on your personal needs.
But planned giving can also be misunderstood. Here are a few misconceptions about planned giving that St. Baldrick’s Foundation supporters should consider.