A charitable gift is the giving of wealth to a charitable cause. Charitable gifts are most commonly made through a will or trust. Charitable giving serves the dual purposes of helping a charitable cause and giving the donor and their heirs a significant tax break.
Whether you will be forced to follow through on a pledge to give money to a charity depends on a few important factors. The court will ask the following questions:
As you can see, there are a number of very complex legal issues involved in charitable giving problems. An experienced contract attorney can advise you of your rights and duties and ensure that you and your assets remain protected.
Last Modified: 12-19-2012 04:21 PM PSTLaw Library Disclaimer
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