Charitable Giving in Wickenburg, Arizona

Find the Right Lawyer Now

Charitable giving in Wickenburg, Arizona is the giving of money or some other asset to a charitable cause.

The easiest way to make a charitable gift is to just give the money or property directly to the organization you want to help.

What if, on the other hand, a donor wishes to give everything they own (or a significant chunk of everything they own) to a charity? This is very generous, of course, but it's rarely possible during life, considering the expenses and obligations we all have. On the other hand, most people don't think they'll be needing their money after they die. Knowing this, many arrangements have been created allowing a person to have as much of their money as they want transferred to a charity of their choice after their death.

If you decide to make a sizable donation to a charity that will not actually occur until after your death, the easiest (and most commonly-used) method is to simply leave the desired amount of money or property to the charitable organization in your will.

Charitable Trusts in Wickenburg, Arizona

A charitable trust is an arrangement through which some amount of money or property is given to a charity after the donor's death, or during their life.

The money is still technically owned by the donor, but the charity, serving as a trustee, has the right to use it for charitable purposes, with the exact scope of this right having been laid out in the trust agreement.

If a person decides to set up a charitable trust in Wickenburg, Arizona, 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.

Obviously, if you want to help a good cause, you want to make sure that any charity you donate to is legitimate. Sadly, there are quite a few fraudulent charities out there. The best way to do this is to check and make sure that the charity is registered as a tax-exempt organization with the IRS, and the tax authorities in

Find a Wickenburg Lawyer that Specializes in Your Area of Need:

Do I Need a Wickenburg, Arizona Attorney?

Making a substantial charitable donation is a generous and admirable act. However, good intentions don't always lead to good results. To ensure that your donation has the most positive impact possible, you should discuss the matter in detail with representatives of the organization(s) you want to donate to. It might be helpful to have a Wickenburg, Arizona lawyer handle these negotiations on your behalf, since they will likely understand the legal and financial complexities involved.

3 Wills, Trusts and Estates cases posted to LegalMatch lawyers in Wickenburg

Charitable Giving Attorneys in the Largest AZ Cities

Show Arizona Cities

Charitable Giving Lawyers in Other Arizona Cities and Towns


Find the Right Lawyer Now

Top Rated Lawyers

View attorney profiles and see how other LegalMatch users rate attorneys that may respond to your case.

Family Law Lawyer
LegalMatch Family Law Lawyer Sid H.

Sid H.

Marion, AL

Family Law

Rating (17 users) ****
See Reviews
Family Law Lawyer
LegalMatch Family Law Lawyer Rex M.

Rex M.

Grayson, TX

Family Law

Rating (3 users) *****
See Reviews
Employment and Labor Law Lawyer
LegalMatch Employment and Labor Law Lawyer Samuel D.

Samuel D.

Ocean, NJ

Employment and Labor Law

Rating (30 users) *****
See Reviews
Criminal Law Lawyer
LegalMatch Criminal Law Lawyer Walter S.

Walter S.

Bergen, NJ

Criminal Law

Rating (1 users) *****
See Reviews

Need a Lawyer?

No obligation - Lawyers compete for your case. Choose your issue & get started now: