Most Floridians who engage in estate planning do so to protect their loved ones. Usually this means creating a will and trust to dictate how assets are to be left to a surviving spouse and children. Yet, estate planning isn't limited to these circumstances. In fact, many utilize trusts to further endeavors that they support, whether it be a business, an educational institution, or a nonprofit organization. Those who are interested in leaving a legacy of goodwill may, therefore, want to consider utilizing a charitable trust.
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