Charitable Giving – What You Need to Know

Wills and Trust attorney in Olathe
Make your gift count.

Many taxpayers with charitable intentions struggle with the decision of whether to donate property to charity during their lifetimes or to make a charitable bequest in their wills that will be fulfilled from property included in their estates (testamentary bequests). While taxpayers frequently base their choice between lifetime charitable gifts and testamentary bequests on nontax considerations, this article discusses the tax implications of their decision.

This weeks article lets you know what to consider.  Read more here.