Why To Incorporate Philanthropic Giving Into Your Estate Plan?
Philanthropic giving can reduce the percentage of Inheritance Tax that must be paid on the estate and is therefore an important part of estate planning. There are many reasons why the inclusion philanthropy into an estate plan can create financial advantages, not only for the charitable beneficiaries, but also for the owner of the estate and their heirs. People who are eligible to pay Inheritance Tax can cut this tax bill quite drastically by leaving a percentage of their estate to charity. Incorporating philanthropic giving into an estate...
