Giving During Your Lifetime
More and more families are choosing to give while they can share in the joy of it. Here are a few thoughts to consider as you begin.
Why give now
A gift given during your lifetime arrives when it can do the most good: a first home, a grandchild's education, a cause that needs support today. And you have the pleasure of seeing what it makes possible.
Speak openly with your family
Most misunderstandings in families come from surprises. Sharing your intentions early, and explaining your reasons, helps everyone feel respected and keeps relationships strong.
Aim for fairness, not sameness
Fair does not always mean identical. Children are at different stages of life, with different needs. What matters most is that each person understands your thinking and feels considered.
Seek good advice
Larger gifts can have tax and legal consequences. A conversation with your financial adviser or attorney is always a wise step before you begin.