Charitable Giving in Brandon, Florida

Find the right Charitable Giving attorney in Brandon, FL

Charitable giving in Brandon, Florida is the donating of money or some other asset to a charitable cause.

In general, it's quite easy to make a charitable donation to a cause you want to help. Whether it includes writing a huge check, or dropping spare change in a donation jar, a large majority of charitable gifts are made simply by giving money away, with no intermediary or other intricate legal arrangements.

What if, however, you want to give all or most of your assets to a charity, to really make a big difference? This is frequently 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. However, there are a few arrangements authorizing you to have your assets transferred to a charity after your death.

There are many ways you can donate some or all of your property or money to a charity after your death, if you wish to do so. Direct testamentary gifts are the most common and the most simple way to accomplish this. A testamentary gift simply entails donating the money or property directly to the charity, through a provision in your will.

Charitable Trusts in Brandon, Florida

Charitable trusts are arrangements that involve handing possession (but not always ownership) of money or property over to a charity, either during the donor's life, or after their death.

While the money, for a time at least, is still technically owned by the donor, it is possessed and controlled by the charity, which acts as a trustee. The trustee is then able to use the money for the charitable purposes which have been laid out in the agreement that first created the trust.

The most prevalent type of charitable trust in Brandon, Florida is a charitable remainder trust. Under this arrangement, you give a specific amount of money or property to a charity. The charity then invests this money, giving you or a named beneficiary a portion of the income generated from these investments for a set amount of time. Once this expires, the money that was initially invested goes to the charity, 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

Do I Need a Brandon, Florida Attorney?

If you want to set up a charitable trust, you should first speak with a representative of the charity you want to support. You should also talk with an efficient attorney in Brandon, Florida, who will be able to help you navigate the legal details, making it easier to give effect to your intentions.

Talk to a Wills, Trusts and Estates Law Attorney now!

Life in Brandon

Brandon may not be incorporated as an official city but it is one of the most popular places in Florida. This Hillsborough County census designated place is home to 91,000 residents and has seen rapid growth of nearly 17% each year. Brandon's namesake is John Brandon who moved to the area with his wife and six children and purchased a total of 160 acres. Needless to say, Brandon isn't the same area as it once was and now offers many attractive amenities like golf course resorts and outstanding shopping.

Brandon has seen rapid growth over the past five decades. In the 1970s 430 businesses, 3 malls, and 40,000 new residents fled to Brandon because of it's convenient location and desirable weather. On average, it only snows once every 10 years. By the 1980s there were more than 2,500 businesses and 100,000 residents. Today, Brandon is most notably home to the World Wrestling Entertainment (WWE) training facility where potential superstars hone their skills. With many celebrities come many lawyers. However, Brandon lawyers are familiar with advising clients on a wide variety of legal related issues and are licensed to practice everywhere in the state.    

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