Charitable Giving in Lancaster, California

Find the Right Lawyer Now

Charitable giving in Lancaster, 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 ways to give a charitable gift that does not take effect until after the donor dies. The simplest and least complicated way to do this is a simple testamentary gift in a will - wherein a particular amount of the donor's money is transferred to the charity upon the donor's death.

Charitable Trusts in Lancaster, California

Legal arrangements recognized 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 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.

If a person decides to set up a charitable trust in Lancaster, California, they normally 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 (normally 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 valid. Sadly, there are quite a few fraudulent charities out there. The ideal 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 Lancaster Lawyer that Specializes in Your Area of Need:

Do I Need a Lancaster, 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 Lancaster, California attorney, who can help iron out the more technical details.

76 Wills, Trusts and Estates cases posted to LegalMatch lawyers in Lancaster

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.

Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Julian C.

Julian C.

Los Angeles West, CA

Business - Transactional

Rating (15 users) *****
See Reviews
Family Law Lawyer
LegalMatch Family Law Lawyer Paul M.

Paul M.

Cherokee, SC

Family Law

Rating (3 users) *****
See Reviews
Real Estate, Housing & Property Law Lawyer
LegalMatch Real Estate, Housing & Property Law Lawyer Brian D.

Brian D.

Jefferson, OH

Real Estate, Housing & Property Law

Rating (5 users) ****
See Reviews
Employment and Labor Law Lawyer
LegalMatch Employment and Labor Law Lawyer Jeremy P.

Jeremy P.

Contra Costa, CA

Employment and Labor Law

Rating (3 users) *****
See Reviews

Need a Lawyer?

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