Charitable Giving in Pembroke Pines, Florida

Find the right Charitable Giving attorney in Pembroke Pines, FL

Charitable giving in Pembroke Pines, Florida is the transferring of money or some other asset to a charitable cause.

In general, it's extremely easy to make a charitable donation to a cause you want to help. Whether it contains 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 complicated legal arrangements.

Some people, however, may be particularly dedicated to a certain cause, giving rise to a desire to donate a very large percentage of their assets to it. However, during life, this is typically infeasible, since people have their own expenses that they have to cover. Therefore, people often put off this donation until after their death.

If you want to make a donation that's effective after your death, there are a few ways to do this. The most frequent method is also the simplest: leaving the charity whatever property you want to give to it in your will - this is known as a "testamentary gift."

Charitable Trusts in Pembroke Pines, Florida

Charitable trusts are arrangements that involve handing possession (but not generally 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 appointed the trust.

The most frequent kind of charitable trust in Pembroke Pines, Florida 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 full ownership of the original fund.

Wanting to help a charitable cause is, of course, a good thing. However, 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 really used for a charitable cause, and that your donation will be tax-deductible, you should check to see that the organization is really tax-exempt. You can find this information from the IRS and/or the agency responsible for taxation in

Do I Need a Pembroke Pines, Florida Attorney?

If you wish to set up a charitable trust, you should consult with the organization directly. They commonly know the easiest way to direct any charitable giving to their organization. You should also speak with a brilliant trusts and estates attorney in Pembroke Pines, Florida, who can help ensure that your intentions are carried out.

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

Life in Pembroke Pines

Pembroke Pines is the 157th largest city in the United States and still manages to win "All America City Awards" and outstanding achievement in the Civil Livability Awards Program. The 150,000 residents of Pembroke Pines are also within the limits of Broward County that has won the Five Star School Award from the Florida department of Education. The schools were recognized for outstanding community involvement exemplifying the city's motto: "Join us and progress with us." Pembroke Pines was originally incorporated in 1960 and was named for the nearby road, Pembroke Road. The convenient location along the Florida Turnpike makes it a great place for commerce. In addition to an airport and the Broward Correctional Institution, Pembroke Pines also plays host to some of the best shopping in all of Broward County and maybe even the state. There are a number of shopping centers, malls, and outlet stores nearby. Many celebrities and sports stars call Pembroke Pines home. Baseball players Manny Ramirez, Jeff Fiorentino, Mike Napoli, and Miami Dolphins wide receiver Kendall Newson all call Pembroke Pines home. Demographically, Pembroke Pines is very diverse. Many lawyers are residents of Pembroke Pines and are familiar with local legal issues and procedures. Pembroke Pines lawyers are knowledgeable of the Florida State Judicial System and will be able to help you figure out your options and fight for you.

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