San Diego Estate Planning Lawyer Blog
At our web site, you can read about the various ways to accomplish charitable giving. You can use a bequest in your will or trust or one of the various types of charitable trusts such as a charitable remainder trust or a charitable lead trust. At Law Office of Scott C. Soady, A Professional Corporation we can incorporate your charitable wishes into a will or a revocable living trust. If you are considering leaving part of your estate to charity, you may wonder how do you choose one and how do you know whether that charity will use your gift wisely?
There is a way to find out such things as how efficient a charity is, how much of the donated dollars goes to administrative purposes, and how much to the actual programs. Charity Navigator rates charities using a standard of “no stars” to “4 stars” to rate charities in the areas of organizational efficiency and organizational capacity. The site also has useful information about what questions to ask before choosing a charity such as what are the charity’s goals, is it meeting those goals with its programs, is the charity well-managed, and is it a confirmed 501(c)charity (this means the charity has filed with the IRS as a tax-exempt non-profit organization).
4 Star charities in San Diego include the San Diego Zoological Society, San Diego Symphony, Autism Research Institute, Father Joe’s Village, Rady Children’s Hospital Foundation, San Diego Humane Society, and the Jewish Community Foundation of San Diego. There are many other San Diego and International charities that earn the 4 star reputation. If you need more information on how to implement charitable giving in your estate plan, contact us at Law Office of Scott C. Soady, A Professional Corporation. You may call us or e mail us for a complimentary in-house consultation.