Charitable Planning in Oregon and Washington

Serving Clients in Beaverton and Vancouver and the Surrounding Area

At NW Estate Law, LLC, we encourage and assist the tradition of giving to charitable causes. In addition to the many personal rewards inherent in making a charitable gift, most gifts also provide a current charitable income tax deduction. Some charitable giving strategies also save capital gains taxes, increase income, and provide you, or whomever you designate, with an income for life. Additionally, these types of gifts may provide an estate tax deduction — an important consideration in planning your estate.

Making the Most of Your Charitable Giving in Oregon and Washington

If given the choice between paying taxes (involuntary philanthropy), or making a charitable gift (voluntary philanthropy), most people would choose the latter, because it gives them the benefit of knowing who the money will benefit and how it will be used. The same cannot be said for money paid to the U.S. Treasury. We help clients make charitable gifts and practice good stewardship in the most tax-efficient manner.

There are many different ways to make charitable gifts:

A charitable remainder trust or a charitable gift annuity will give you an immediate income tax deduction, a lifetime stream of income, and a waiver of capital gains taxes owed on contributed property.
A charitable lead trust creates an income stream to charity for a term of years with the remainder of the trust going to your children without any estate or gift tax consequences.
A private foundation offers you the considerable freedom to control amounts given by placing restrictions on how your gifts are used by charities.
A donor advised fund allows you to maximize your income tax savings on your regular monthly or weekly contributions to church or charities.

This has been a very general overview of a very complex subject matter. If there are causes or organizations you would like to support, while also maximizing your tax-saving strategies, please contact us to explore your options.

Client Success Stories

     Excellent  
     Based on 5 reviews 
    
 
 
   
 
 
         Mount Hood Senior Solutions 
 February 7, 2022.
 
 
  We value and appreciate all of their hard work. Always a pleasure to work with! Communicates effectively and in a timely manner. Highly recommend
  
 
        Nicole Lu 
 December 7, 2020.
 
 
  We used Meredith for our estate planning and cohabitation contract recently after we bought a house. She was very responsive, very Covid aware/safe and lovely to work with.
  
 
        Daniel Lee 
 January 7, 2020.
 
 
  We had a great experience working with Meredith when putting together our estate planning documentation. She was always professional and courteous, explaining legal concepts and terminology in a way that was straightforward for us to understand. Meredith was responsive and open to answering our questions so we could fully evaluate different options. She provided sound recommendations for us to consider based on our current position and point in life. Even given the gravity and importance of the estate planning process, Meredith put us at ease and made us feel comfortable coming to decisions and documenting outcomes that work best for us. We intend to work with Meredith for future needs that we may have, and would highly recommend working with her to others.
  
 
        Floyd Frick 
 March 28, 2019.
 
 
  The best! .... I used Meredith to get me thru an estate settlement.  It went smooth.  Thanks.
  
 
        Christine Borchert 
 August 9, 2018.

Mount Hood Senior Solutions

February 7, 2022.

We value and appreciate all of their hard work. Always a pleasure to work with! Communicates effectively and in a timely manner. Highly recommend

Nicole Lu

December 7, 2020.

We used Meredith for our estate planning and cohabitation contract recently after we bought a house. She was very responsive, very Covid aware/safe and lovely to work with.

Daniel Lee

January 7, 2020.

We had a great experience working with Meredith when putting together our estate planning documentation. She was always professional and courteous, explaining legal concepts and terminology in a way that was straightforward for us to understand. Meredith was responsive and open to answering our questions so we could fully evaluate different options. She provided sound recommendations for us to consider based on our current position and point in life. Even given the gravity and importance of the estate planning process, Meredith put us at ease and made us feel comfortable coming to decisions and documenting outcomes that work best for us. We intend to work with Meredith for future needs that we may have, and would highly recommend working with her to others.

Floyd Frick

March 28, 2019.

The best! .... I used Meredith to get me thru an estate settlement. It went smooth. Thanks.

Christine Borchert

August 9, 2018.

Beaverton, Oregon and Vancouver, Washington Estate Planning Law Firm

Charitable Planning in Oregon and Washington

Serving Clients in Beaverton and Vancouver and the Surrounding Area

Making the Most of Your Charitable Giving in Oregon and Washington

There are many different ways to make charitable gifts:

Client Success Stories

Beaverton, Oregon Office

Vancouver, Washington Office