Including charities in your estate plan should be done early

Many people focus on what they want to leave to their family members when they pass away. This is a good thing to do, but there are some individuals who look at other options for their estate. Sometimes, the person might want to hand some money or assets over to a charity that can help others with it. If you are going to do this when you pass away, now is the time to get your estate plan in place.

Even if you don't want to think about it, there might be someone in your family who will call your wishes into question after you pass away. Trust litigation is a huge issue for some estates, and it might be more probable if you are older and closer to your final days than you are now. The person might question your ability to understand what you are doing, which could lead to your charity having to fight to get what you wanted to leave to it.

We realize that you don't want this to happen. We are here to help you set up provisions in your estate plan that make it clear that you want specific assets to go to the charity and that you fully understand what that means. You might appreciate being able to rest easy at night knowing that your wishes are clearly spelled out.

Just remember that this is only one component of your estate plan. You also have others to think about. These include what you are going to leave to members of your family and any instructions you have about care or finances in your final days.

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