Charitable Giving in Contra Costa County, California

Find the Right Lawyer Now

Charitable giving in Contra Costa County, California is the transferring of money or some other asset to a charitable cause.

The vast majority of charitable gifts are made using the most simple method permitted: 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 commonly 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. Thankfully, there are a few arrangements permitting you to have your assets transferred to a charity after your death.

There are many arrangements permitting you to donate some or all of your assets to a charitable cause after your death, but direct testamentary gifts (simply leaving money in your will to the charity of your choice) are the most frequent.

Charitable Trusts in Contra Costa County, California

Charitable trusts are normally used for very large donations, and can be made during the donor's life, or after their death.

In a charitable trust, the money that is donated is still legally owned by the donor. But this is largely a formality, as the charity receives possession and control over the money. The charity is then free to use that money, but exclusively for the purposes laid out in the trust instrument.

The most frequent kind of charitable trust in Contra Costa County, California is a charitable remainder trust. This authorizes you to give as much money or property as you want to a charity. The money is then invested by the charity. The investments are normally fairly conservative, sacrificing large returns for security. The charity then returns a portion of these returns to the donor, or another person named by the donor, while keeping the rest. This lasts for a set period of time, at the end of which the charity gets complete ownership of the original fund.

You should make sure the charity is registered with the Internal Revenue Service, and (if applicable) the taxation authority of .

Find a Contra Costa County Lawyer that Specializes in Your Area of Need:

Do I Need a Contra Costa County, California Attorney?

If you want to create a charitable trust, you should first talk with someone in charge of the charitable organization you wish to help. They will be able to assist you in setting up the trust, or advise you of their preferred method of donation. This will help you confirm that your donation is as effective in helping the charity as it can possibly be. It is also a good idea to speak with a Contra Costa County, California attorney, who can help iron out the more technical details.

Charitable Giving Attorneys in the Largest CA Cities

Show California Cities

Charitable Giving Lawyers in Other California 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.

Criminal Law Lawyer
LegalMatch Criminal Law Lawyer Corey P.

Corey P.

Snohomish, WA

Criminal Law

Rating (5 users) *****
See Reviews
Business - Litigation Lawyer
LegalMatch Business - Litigation Lawyer Peter S.

Peter S.

Suffolk, NY

Business - Litigation

Rating (1 users) ****
See Reviews
Employment and Labor Law Lawyer
LegalMatch Employment and Labor Law Lawyer Randy F.

Randy F.

Broward, FL

Employment and Labor Law

Rating (9 users) ****
See Reviews
Employment and Labor Law Lawyer
LegalMatch Employment and Labor Law Lawyer David Z.

David Z.

Hunterdon, NJ

Employment and Labor Law

Rating (2 users) *****
See Reviews

Need a Lawyer?

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