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Surprising Facts About the Charitable Bequests of the Wealthy

What are the habits of the wealthy when it comes to leaving money by way of their estate?
A recent article in Give & Take (September 2017) noted the most recent IRS information on charitable gifts made through estates:
  • Thirty percent of women included a charitable gift in their estate documents, whereas only 20% of men included a similar gift.
  • Being single (widowed, divorced, legally separated, or single) dictated the majority of charitable bequests.
  • Ten percent of married females made charitable bequests.
  • Forty percent of married males made charitable bequests.
  • Overall, only 25% of married couples made charitable bequests.
  • Those older, age 80-89 (37%), were more likely to make a charitable gift at death than those under 70 (17%).
Of course, absent from all the reported results was that the death rate remained a solid 100%.
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About Bill High

Bill is CEO of the Signatry: A Global Christian Foundation. He works with families, individual givers, and financial advisers to share the foundation’s message regarding biblical generosity and charitable giving. He is the co-author with David Green of Giving It All Away and Getting It All Back Again: The Way of Living Generously: www.givingitallawaybook.com. » Learn More

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