Donor Advised Funds
Learn about donor-advised funds and how they can offer flexibility in charitable giving as part of your estate plan while benefiting family legacy.
How do donor-advised funds fit into estate planning?
Donor-advised funds (DAFs) offer a flexible solution for integrating charitable giving into your estate plan. They allow individuals to contribute assets to a fund, receive an immediate tax deduction, and make grants to charities over time. This can be especially beneficial for managing timing and tax benefits associated with larger gifts. Often, people use DAFs to streamline their philanthropic strategies, ensuring their contributions align with their family's legacy goals. Integrating DAFs into your estate plan can help maintain a lasting impact on chosen causes while benefiting from potential tax advantages.
