Planned Giving and Non-Profits

Supporters of your non-profit organization may wish to include your church, school or charity in their charitable giving or estate planning. They want to enhance their legacy by dedicating all or part of the proceeds of their wealth or estate to the organization with assurance that the funds will be used as stipulated in a pledge, will or trust. An organization that receives such legacy donations often requires legal advice on how to document fulfillment of the instructions for use of the moneys given.

Legal Advice and Assistance With Charitable Gifts

Copilevitz & Canter, LLC, provides advice in planned giving, an aspect of charitable giving that requires careful attention. "Planned giving" refers to significant gifts of cash or property which are donated either through one's will (or trust) or during one's lifetime.

Split-Interest Gifts

"Split-interest" gifts are gifts in which the donor retains the right to the income from the capital which eventually will be distributed to the charity. Or, alternatively, the income from the capital is distributed to the charity for a certain term, with the capital eventually to revert to the heirs of the donor.

Charitable Remainder Trusts, Lead Trusts, Gift Annuities

The most common examples of planned gifts are the charitable remainder trust, the charitable gift annuity, and the charitable lead trust. We have drafted many of these trusts and have provided advice to our 501(c)(3) clients on how planned giving can be an effective part of their fund raising strategies. Planned gifts can be made either as testamentary gifts or inter vivos gifts.

Contact Us Today: Legal Counsel on Planned Giving to 501(c)(3) Organizations

If you manage an NPO, you no doubt want to ensure compliance with laws and regulations relevant to acceptance and use of planned from living donors or through wills and trusts after the death of donors. Contact us online to discuss your needs and concerns related to planned giving by supporters of your organization.