Member, Harlan Louis and Jackie Jacobs, executive director emeritus at the Columbus Jewish Foundation were recently asked by Columbus Jewish News to explain the nuances of nonprofit estate plans and how to best guide donors through the process of charitable giving that will impact future generations.
Contributing to nonprofits through an estate is a detailed process that can be customized based upon a donor’s interests, according to Jackie Jacobs, executive director emeritus at the Columbus Jewish Foundation, and Harlan Louis, an estate planning attorney at Bailey Cavalieri, both in Columbus.
“The most important step is an open and frank discussion about what the donor intends and how the nonprofit can best honor and serve that intent,” Louis said. “Many times, the donors will have specific things that they want to accomplish with their charitable giving. An effective charity can then take that information and give the donor options to satisfy their intent.”