Frequently Asked Questions

How do I leave a gift for a charitable organization that I admire?
It's easy. You can arrange for a gift several ways, the most common being  through a charitable gift in a will or a living trust. Many people set aside  a certain dollar amount. Others leave a percentage of their estate or any  assets left over after their family has been provided for. Some people donate something they own, like a car or their home. Others leave a paid-up  life insurance policy, retirement account or other financial investment.

Must I have an estate in order to leave a gift?
Everyone can leave a gift. "Estate" is simply a word used to describe any  money, property or personal belongings that you own at the time of  your death. Most people leave an estate when they die, even though they may not have a great deal of wealth. Many gifts are less than $1,000.

Do I have to include my wish to leave a gift to a specific organization in my will?
A charitable bequest will not take effect unless you state your intention  in your will or living trust. Without a will, you may lose control over  your assets after death. Your property and finances are settled  according to state laws, whether or not they coincide with your wishes.

Do I tell the charity that I’ve left a gift?
That is up to you. Charities often like to know in advance so they can recognize your generosity. They can also tell you about specific  opportunities for giving.

Who can help me arrange for a gift?
If you have a professional you're working with, like a financial planner,  lawyer, accountant or insurance agent, please talk with him or her about leaving a gift. A professional can tell you about the tax benefits of  planned gifts. If you do not have a relationship with a professional, please see the list of participating professional advisors on this site, or call your local contact.  You can also call a charity directly for assistance.