Charitable giving in estate planning involves leaving a portion of your assets or estate to charitable organizations or causes that are important to you. It is a way to support causes that are meaningful to you even after you are gone.

Charitable giving in estate planning allows you to leave a lasting legacy by supporting causes that are important to you. It can also provide tax benefits for your estate and heirs, and can help you ensure that your assets are used in a way that aligns with your values and beliefs.

There are several ways to incorporate charitable giving into your estate plan, including leaving a specific dollar amount or percentage of your estate to charity in your will, setting up a charitable trust, or naming a charity as a beneficiary of a retirement account or life insurance policy. Consulting with an estate planning attorney or financial advisor can help you determine the best strategy for your situation.

Some benefits of charitable giving in estate planning include reducing estate taxes, providing for causes that are important to you, leaving a lasting legacy, and potentially receiving income tax deductions for charitable contributions. It can also help you involve your family in philanthropy and teach them the value of giving back to the community.