Do you have a favorite charity or non-profit group to whom you regularly donate either your time or money? I’m willing to bet most readers have at least one, most likely more than one. The fact is that people like to give. It doesn’t matter if you have millions in the bank or live on a modest salary. Denis Diderot, the author of the title quote, had it right. It’s a good feeling to be able to give happiness to others.
Whether by volunteering your time in a soup kitchen, fundraising for autistic children, teaching handicapped kids to ride horses, or donating a percentage of your income, a majority of the population chooses to give back to their community in some way. There are organizations and websites (such as www.volunteermatch.org) dedicated solely to helping us in our charitable endeavors. And the good news is that a Living Trust can help you continue giving even after your death.
With a Living Trust you as grantor can choose to give any amount of your estate to your favorite charity. Some people leave a specific dollar amount; others leave a percentage of their entire estate. And you can name your one favorite charity or divide the amount among many charities. A Living Trust gives you endless possibilities. Take advantage of it.
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