Charitable Giving in Smyrna, Georgia

Find the right Charitable Giving attorney in Smyrna, GA

Charitable giving in Smyrna, 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 large 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 obligations 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.

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 Smyrna, 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.

Under a charitable trust, the money going to the charity technically still belongs to the donor. However, the charity, acting as a trustee, has authority to use it for charitable purposes (what the money can and can't be used for should be clearly laid out in the trust).

The most customary kind of charitable trust in Smyrna, Georgia is a charitable remainder trust. This permits 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 typically 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.

If you wish to set up a charitable trust in you should check with the IRS and equivalent state agencies to ensure that the charity you want to help is registered with them. This will help make sure that your money is used for a good cause (and not to line somebody's pockets) and that your contribution will be tax-deductible.

Do I Need a Smyrna, Georgia Attorney?

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

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

Life in Smyrna

Located just 10 miles from the state capital of Atlanta, Smyrna Georgia is a city with lots of Southern charm. Smyrna was incorporated in 1872 and is appropriately nicknamed, "Jonquil City" for the many jonquils that bloom naturally in the city's parks and streets during the spring blossom.

Smyrna has a population of 47,000 residents. Smyrna has over 304 acres of parks and open spaces within the city's 15 square miles-- a fact that promotes its residents outdoor activity. The Village Green is the hub of the city and is the "common area" of Smyrna housing the library, civic center, and community center.

The Market Village is an expansive downtown development in the city that has retail, restaurants, and housing for many of Smyrna residents to enjoy. Smyrna is also a popular sport for Atlanta workers to live in and enjoy the perks and space of a suburb. Smyrna is just a fifteen minute drive to downtown Atlanta.

Smyrna has many lawyers that help contribute to the growth and development of the city. Lawyers with a range of specialties to help their fellow citizens with any issue they may find themselves dealing with. Smyrna lawyers are in good company with local doctors, accountants, and other professionals creating a great professional community.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Regel B.
Regel B.

Wills, Trusts and Estates

Caldwell, LA

Brad M.
Brad M.

Wills, Trusts and Estates

Sussex, NJ

David L.
David L.

Wills, Trusts and Estates

Ashland, OH

Gotham Light