Charitable Giving in Milledgeville, Georgia

Find the right Charitable Giving attorney in Milledgeville, GA

Charitable giving in Milledgeville, Georgia 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 huge majority of charitable gifts are made simply by giving money away, with no intermediary or other intricate legal arrangements.

What if, on the other hand, a donor wishes to give everything they own (or a substantial chunk of everything they own) to a charity? This is quite generous, of course, but it's rarely possible during life, considering the expenses and commitments 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 authorizing a person to have as much of their money as they want transferred to a charity of their choice 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 prevalent 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 Milledgeville, Georgia

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 initially established the trust.

The most typical type of Milledgeville, Georgia charitable trust is identified as a "charitable remainder trust." Under this arrangement, some of your money or property is directed to your charity of choice. The charity then invests the money, while giving a percentage of the income generated by these investments to you or a beneficiary of your choice, for a determinate period of time. Once this time is up, ownership of the original fund transfers to the charity.

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

Do I Need a Milledgeville, Georgia Attorney?

If you wish to set up a charitable trust, you should consult with the organization directly. They frequently know the simplest way to direct any charitable giving to their organization. You should also speak with a reliable trusts and estates attorney in Milledgeville, Georgia, who can help ensure that your intentions are carried out.

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

Life in Milledgeville

Milledgeville, Georgia is a town in, and the county seat of, Baldwin County. Its current population is approximately 18,000 people. Milledgeville was one of the first capitals of Georgia, and it served in that capacity from 1806 to 1868, when the capital was moved to its current location of Atlanta.

Milledgeville, Georgia was named after John Milledge, an early governor the state of Georgia.The town was founded in the early 19th Century, andis a very early example of a planned city, being built for the express purpose of serving as Georgia's capital.

Milledgeville has the distinction of being the hometown of Oliver Hardy, famous for being one of the Laurel and Hardy pair, one of the most famous and popular comedy duos of the time. Furthermore, Milledgeville is the birthplace of Congressman Car Vinson, as well as several professional athletes, most of whom are in the NFL.

Milledgeville, Georgia attorneys, and the legal community as a whole, are part of what makes Milledgeville what it is today. If you need any type of legal assistance, it's probable that there's at least one Milledgeville, Georgia lawyer who can help you with your case.

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