Charitable Giving in La Mesa, California

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Charitable giving in La Mesa, California is the giving of money or some other asset to a charitable cause.

The vast majority of charitable gifts are made using the most simple method feasible: giving the gift to the intended beneficiary.

What if, however, you want to give all or most of your assets to a charity, to really make a big difference? This is often not practical while the donor is alive, since they presumably have expenses, and want to maintain for themselves the lifestyle to which they're accustomed. Luckily, there are a few arrangements allowing you to have your assets transferred to a charity after your death.

There are many ways to give a charitable gift that does not take effect until after the donor dies. The simplest and least complex way to do this is a simple testamentary gift in a will - wherein a certain amount of the donor's money is transferred to the charity upon the donor's death.

Charitable Trusts in La Mesa, California

Legal arrangements known as "charitable trusts" are also utilized to give large amounts of money to charity. It can be used to make the gift quickly, or it can be set to take effect after the donor's death.

In a charitable trust, the property is still technically owned by the donor, but the recipient retains possession and control over it. As the trustee, the charity is free to use the money for any purpose laid out in the trust agreement. With a charitable trust, trustees are generally only allowed to use the money to advance their organization's charitable mission.

If a person decides to set up a charitable trust in La Mesa, California, they usually set up a "charitable remainder trust," since this is usually beneficial to both the donor (or their estate) as well as the charity. The operation of this type of trust is fairly simple: at a set time (usually the donor's death) the property that the donor wants to give to the charity is handed over, and the charity invests it. The charity benefits by getting to keep most of the money that these investments generate. The donor benefits because they also get a percentage of this income, for a period of time laid out in the trust agreement. Afterwards, the recipient of the donation gets it free and clear.

Wanting to help a charitable cause is, of course, a good thing. Nonetheless, some people seek to take advantage of our good intentions through fraudulent charities. If you want to help ensure that any money you donate to an organization is actually used for a charitable cause, and that your donation will be tax-deductible, you should check to see that the organization is actually tax-exempt. You can find this information from the IRS and/or the agency accountable for taxation in

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Do I Need a La Mesa, California Attorney?

When attempting to create a charitable trust, or make another charitable donation, the first thing you should do is discuss this with the organization you want to make the donation to. They will probably be able to advise you on how to donate your money in the way that will be most useful to them. And, of course, you should speak with an attorney in La Mesa, California, who will usually be able to make the process much easier.

22 Wills, Trusts and Estates cases posted to LegalMatch lawyers in La Mesa

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Life in La Mesa

La Mesa, California is a city in San Diego County, California. It has a population of about 57,000 people.

La Mesa is a quiet, middle-class community. Its median household income of about $55,000 per year, which is roughly in line with the national average. About 9% of its population lives below the poverty line, which is somewhat less than the national average. La Mesa, California directly borders the city of San Diego, which is the second-largest city in California, and a major economic hub for the area, with industries like shipbuilding, ports, tourism, and the military all having a large presence in the area. 

These industries employ people in a wide range of fields, including many white-collar professionals such as La Mesa, California lawyers. 

Many of these professionals live in La Mesa, California to take advantage of the quiet, affordable nature of a suburb, while still having access to the amenities and economic opportunity that only a big city can offer.

If you live in La Mesa, California, and need legal services, chances are good that there's a La Mesa, California attorney who can help. 

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