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Planned Giving

As inheritances go down, how will your planned giving program respond?

The New York Times writes in June 2008

…retirees have a lot of demands on their savings. Out-of-pocket health care costs, for one, are rising fast. At the same time, many people are not waiting until they die to help their children and grandchildren financially. And some are finding creative ways to draw on money that would otherwise be part of their estate. For all these reasons and many more (I’ve ticked off eight below), it would be a bad idea to plan on getting any inheritance from your older relatives.

After reading the full story, planned giving officers should consider the impact each of the outlined causes may have on the giving capacity of your donors now and in their estate planning.