Including charitable giving in your estate plan allows you to support causes you care about while potentially reducing estate taxes for your family. Options include direct bequests in your will, charitable remainder trusts that provide income to you during your lifetime then benefit a charity, charitable lead trusts, and donor-advised funds. Maryland’s estate tax makes charitable planning particularly valuable — charitable gifts reduce the taxable value of your estate.
At SoMD Estate Planning, we help families across Southern Maryland create comprehensive, personalized plans. Contact us about our $1,500 flat-fee estate plan.
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