A donor-advised fund, also known as a DAF, is a great way to donate to various charitable organizations without going through mountains of paperwork, all the while minimizing your taxes through deductions. It also offers tremendous flexibility for post-death giving, specifically if the DAF is funded while you’re still alive.
Everyone knows the only truly certain aspect of life is uncertainty. But that doesn’t mean you don’t have any control. Whether you’re in your early twenties or you’re getting closer to retirement age, it’s never too early – or too late – to start considering what will happen to your belongings and estate when you’re gone.