Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can an ABE Charitable Gift Account be considered part of my estate?

April 26, 2017ABE account charitable Estate gift

0

Posted

Can an ABE Charitable Gift Account be considered part of my estate?

1 Answer

0

Posted

Donor contributions to the ABE Charitable Gift Fund made during the Donor’s lifetime, and any subsequent increase in the value of a Donor’s account, are not part of a Donor’s taxable estate and are not subject to estate taxes or probate. Assets in a Charitable Gift Account or the Charitable Legacy Fund may not be appointed, willed or bequeathed to any person or organization.