Charitable Planning In Maryland
For many people, leaving money to charity is one of the most important steps when drafting an estate plan. It can be beneficial from a tax perspective, helping to reduce the value of an estate in Maryland. It also gives people a chance to give back, to support the causes they care about and to have a major positive impact long after their own passing.
At Alston Gray & Associates, LLC, attorney Tiffany Alston has more than 20 years of experience with estate planning, having been admitted to the Maryland Bar in 2004. She is known for her creative solutions and attention to detail, helping her address each client’s needs. If you are looking for an estate planning lawyer, she brings compassion, dedication and extensive legal knowledge to help you every step of the way.
The Benefits Of Charitable Planning
Charitable planning is a way to ensure that your assets really make a difference. You may want to give most of your estate to charity, or you may include other beneficiaries in the estate plan. This is a chance to address the causes you care about most and show your personal values to family members. It can also help to reduce the value of your estate, which can have positive tax implications, meaning your money can go further – and do more good.
Additionally, charitable planning isn’t just for cash assets. You can also give:
- Tangible assets
- Real estate
- Stocks
- Mutual funds
- Life insurance payouts
- Shares of a business – if it’s privately owned
These are just a few examples, but attorney Tiffany Alston is more than qualified to help you explore your options. A comprehensive estate plan can accomplish your goals, help your family avoid estate disputes and make good use of the assets you’ve earned over your life. Your money and assets can make a real difference, and attorney Alston will help you discover exactly how you can draft an estate plan with a focus on philanthropy.
Call For A Consultation
Charitable giving can be a complex part of your estate plan, so it is essential to understand what legal steps to take. Having a trusted legal professional on your side makes all the difference. If you would like to get started with a consultation, just use the online contact form or dial 240-829-1721 today.