Another important aspect of estate planning is using that plan to benefit charitable organizations and educational institutions. High wealth clients can reap significant tax benefits from setting up charitable lead trusts or charitable remainder trusts, but even a revocable living trust can include beneficiary designations to ensure that trusts assets can be used to benefit those non-profit organizations of your choosing.
Here is a list of charitable organizations to consider as potential beneficiaries to your estate plan:
American Cancer Society
American Diabetes Association
American Red Cross
Boy Scouts of America
Doctors Without Borders
Girl Scouts USA
Guide Dog Foundation for the Blind
Make a Wish Foundation of America
Wildlife Conservation Society
Wilson Disease Association
In addition, the American Institute of Philanthropy provides information about charitable organizations.