Topic
Charitable giving in your will — three ways, one decision.
Bequest in the will, beneficiary designation on a retirement account, or a charitable remainder trust. The right answer depends on what asset you're using and how big the gift is.
The four things to know
Quick takeaways.
Retirement accounts to charity = no tax
Charities don't pay income tax. So $100k from your IRA → $100k to charity. The same $100k from your IRA to your child → ~$70k after tax. Pick wisely.
Bequests in the will scale with your estate
A residuary share ("10% of my residuary to charity") adjusts naturally if your estate grows or shrinks. A specific dollar amount doesn't.
CRTs work for appreciated stock
Donate appreciated assets, get income for life, charity gets the remainder. Defers capital gains, generates an immediate income-tax deduction.
Use the legal name + EIN
Vague charity names cause probate delays. Most charities have a 'leave us in your will' page with the exact wording. Use it.
If this is you
Pick the path that matches your situation.
Ready to put this in writing?
A signed will is the foundation. Trusts and other structures build on top.