A new trend has surfaced among wealthy couples asking for charitable donations on their wedding registries instead of gifts, according to The New York Times in "For Those Who Have It All, Charitable Wedding Registries."
The reality of a few people holding a large portion of the world’s wealth has received a lot of attention lately from all sides of the political spectrum.
However, while the political debate is raging, many wealthy people are looking for ways that they can use their wealth for good and to stop accumulating things for themselves.
One of the great things about charitable donations is that they are not only optional, but they also allow people to decide for themselves what to give away and to whom.
Wealthy people do not have to wade into the political debate to give to charity. Instead, they can use their money to support causes and organizations they believe in.
If you would like to give to charity, then it is important to do so the right way.
An estate planning attorney can guide you. Contact us if you have any estate planning related legal needs or questions.
Reference: New York Times (March 24, 2017) "For Those Who Have It All, Charitable Wedding Registries."