At Aevitas Law, we believe in understanding our clients on a personal level to help them plan their legacy. In learning about the organizations our clients support, we can align their wishes with effective planning strategies. Charitable planning is crucial for those wishing to continue supporting their beliefs through charitable giving.
We specialize in creating instruments that enable clients to leave a meaningful legacy with their chosen charities and nonprofits, while also providing for their families. Here are some popular tools used today:
- Donor-Advised Funds (DAFs): These funds allow donors to make contributions and receive immediate tax benefits, while retaining the ability to recommend grants over time, ensuring impactful giving.
- Bargain Sales: This method involves selling goods or services to a charity at below market value, offering favorable tax treatment for non-cash donations.
- Split-Interest Trusts: These trusts provide income for life to beneficiaries, immediate tax advantages, and flexibility in structuring assets to minimize taxes and protect legacies.
