Charitable Giving in Cheektowaga, New York

Find the right Charitable Giving attorney in Cheektowaga, NY

In Cheektowaga, New York, charitable giving is when a person donates something to an organization or individual, without consideration (getting something directly in return). This is for the purpose of advancing some type of cause, helping people in need, or any other altruistic motive.

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.

What if, on the other hand, a donor wishes to give everything they own (or a considerable chunk of everything they own) to a charity? This is extremely 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 permitting 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 arrangements permitting you to donate some or all of your assets to a charitable cause after your death, but direct testamentary gifts (simply leaving money in your will to the charity of your choice) are the most frequent.

Charitable Trusts in Cheektowaga, New York

A charitable trust is an arrangement through which some amount of money or property is given to a charity after the donor's death, or during their life.

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 frequent type of charitable trust in Cheektowaga, New York is a charitable remainder trust. Under this arrangement, you give a particular 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.

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 Cheektowaga, New York Attorney?

Making a substantial charitable donation is a generous and admirable act. However, good intentions don't always lead to good results. To ensure that your donation has the most positive impact possible, you should discuss the matter in detail with representatives of the organization(s) you want to donate to. It might be valuable to have a Cheektowaga, New York lawyer handle these negotiations on your behalf, since they will likely understand the legal and financial complexities involved.

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

Life in Cheektowaga

Cheektowaga is located in Erie County, New York. It has a population of about 88,300 people. The city's name comes from the Native American world "ji-ik-do-wa-gah," which means "the place of the crab apple tree." Apparently, Polish Americans significantly make up the Cheektowaga population.

Surrounding areas include Buffalo, West Seneca, Village of Depew, Lancaster, and Amherst.

The city is also filled with attorneys who practice law either in small law offices or firms. These attorneys provide excellent legal guidance to residents and local businesses. Therefore residents and businesses can remain rest assured because all their legal needs can be taken care of.

All in all, Cheektowaga offers visitors and residents a wonderful, community-like atmosphere.

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