Planned giving, simply put, is the process by which a person creates an estate plan where they choose to give something of value to Care Net at a future date. Usually, this is a gift that is given through a will, so that the organization will get the donation at the time of the donor’s passing.
This gift is usually cash, but it could be some other asset such as stocks, IRAs, cryptocurrency, or even through life insurance. The gifts donated through a will end up being larger and aren’t dependent on a donor’s current income.