Learn about the distinct roles of a trustor and trustee in managing trusts. Understand their responsibilities, differences, and how they ensure the trust operates smoothly.
Learn how to create a will without legal assistance. This comprehensive guide provides step-by-step instructions to ensure your final wishes are documented and legally binding.
Let’s face it: Estate planning isn’t exactly a dinner table conversation starter. But trust me, it’s one of those adulting tasks that’s way more important than we often give it credit for. So, what’s all the fuss about?
In the realm of estate planning and trust management, the terms “trustor” and “trustee” are often used. However, many people find it challenging to differentiate between these two roles. Both the trustor and trustee play critical parts in the creation and management of a trust, but their responsibilities and functions are distinct. This article aims to clarify the differences between a trustor and a trustee and provide an in-depth understanding of their respective roles.
Understand the essentials of holographic wills and why you might need more than just a handwritten will. Learn about their validity, legal requirements, and limitations.
Donating from your retirement assets can potentially save your heirs from double taxation. By making a gift to a 501(c)(3) nonprofit, there’s no income or estate or inheritance tax due on your retirement plan assets passing to them. Plus, you can also take advantage of the IRA Charitable Rollover or make gifts that count as your RMD. And the best part? You can make a big impact on a cause you care about while investing in your own legacy and long-term happiness. Find out more about the benefits of donating from your retirement plan.
Talking to donors about planned giving can be a game-changer for your nonprofit’s future. Planned giving, or including a charitable gift in a will or trust, provides a powerful way for supporters to contribute without impacting their everyday finances. Despite its potential, initiating conversations about legacy giving can be challenging. How do you bring up the topic without feeling awkward or intrusive? How can you convey the profound impact of such gifts while making the process simple and appealing?
A new report from Giving USA shows that despite charitable giving reaching a new high for 2023, inflation took a hefty toll. It proves what we’ve been saying all along: Planned giving works, and it’s a lifeboat in the stormy waters of inflation.
Over 60 percent of all Americans are missing a critical legal document: Their last will and testament. While there are a lot of important reasons to create a will and keep it updated, here are the Top 10.
First-hand accounts back it up. The data proves it. And numbers don’t lie. But despite hearing over and over again that donor stories sell, they still remain one of the most under-utilized tools in planned giving.
2103 Bayshore Boulevard
Unit 1501
Tampa, FL 33606
Products & Services
Subscriptions
Special Links
Copyright 2025 © PlannedGiving.Com