Wealth pp 25-36 | Cite as

Charitable Planning

  • Richard P. RojeckEmail author


For those with more than enough wealth the question becomes what to do with the surplus. Realistically, everyone dying with a taxable estate is a philanthropist—their causes are the federal and state governments, exacted by federal estate and potentially, state inheritance or estate taxes. For those wishing to exert some control over what has been referred to as “involuntary philanthropy” they may be able to reduce their estate tax obligation by employing some of the strategies discussed in Chapter  2. This chapter addresses methods to accomplish “voluntary philanthropy”, directing assets to your desired causes both during your lifetime and at death while reaping both income and estate tax benefits. Such activities can also be a means of uniting family members in a common cause and even elevating the visibility of the family and its members. Let’s discuss each.

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© The Author(s) 2019

Authors and Affiliations

  1. 1.La JollaUSA

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