How to include charities in your will and why

If you’re like many Americans, estate planning may be on the backburner. Perhaps you created a will after your kids were born, but now they’re grown, your assets have grown, and you’re long overdue for an update.

You’re not alone. Less than half of Americans have a will, and fewer still have one that’s up to date.

Why consider charitable giving?

While revisiting your estate plan, it’s wise to also consider your charitable giving. There are countless reasons to include charities in your estate plan. Beyond the tax advantages, you can provide for causes that are close to your heart and feel good about leaving a legacy of giving.

Charitable bequests are a meaningful reflection of your values and priorities. By establishing a legacy that lasts far beyond your lifetime, you can enrich your life today.

How to go about it

The decision of whether to include charitable giving in your estate plan is an important one. How you go about leaving that legacy is equally important.

With the recent Tax Act’s increase in the estate tax threshold to the ballpark of $11 million ($22 million for couples), far fewer estates are subject to federal estate taxes. Still, the thresholds for most state-level estate taxes are much lower, and charitable giving can provide other tax advantages if done strategically.

Read the full story at Twin Cities Pioneer Press.
Up Next

Pulling heartstrings and purse strings: Grandparents spend $179 billion annually on their grandkids

Read Now
Editor's note: Stories appearing on NCF's website from third-party contributors are intended for informational purposes only, and we do not endorse or approve the content, services, products, or theological teachings they contain. Any questions or concerns may be directed to the original publisher of such third-party content.

Sign up for our
Saturday 7 email digest

Join close to 50,000 subscribers who receive our email digest of
the week's top stories from We call it Saturday 7.

Read our privacy policy