Library program explores how to leave money to charity

By: Terry Oparka | Troy Times | Published November 11, 2015

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Most people don’t initially think of including charities when drafting their wills or estate plans.

“They don’t think of it,” said Troy attorney George Gregory.

Gregory will talk about what to consider and how to include nonprofit groups or charities in wills and estate plans at the Leave a Legacy program at the Troy Public Library Nov. 17.

“We thought it would be a good time of year for this program, when people are thinking about charitable gifts before the end of the year,” said Connie Doherty, head of adult information services for the Troy Public Library.

Although most people make charitable gifts in their lifetimes, Gregory said, estate planners and lawyers rarely ask, “Do you want to leave money to charity?”

Gregory said he will talk about the mechanics of leaving a gift, such as determining which group will give the result the donor wants.

For example, if a person wants to donate to a cancer organization, that person should think about which one, what the organization’s mission is, where the money goes and where the group is based, Gregory said.

“Think about where you want it to go and be realistic about it,” he said. “Making even a small gift can have an impact.”

Gregory said he’s given eight of these programs in the past.

“It helped people do what they wanted to do. People appreciate the information,” Gregory said.

He also will talk about the tax benefits and other benefits of charitable giving, share donors’ stories, and talk about simple ways to leave a legacy.

He will answer questions from participants.

Leave a Legacy will be held 7-8 p.m. Nov. 17 at the Troy Public Library, 510 W. Big Beaver Road. No registration is needed.