Giving something back to others is something to consider when you are contemplating your legacy.
Any act of generosity is obviously going to be personally rewarding, and as you advance in age you may be all the more interested in doing something for others.
From a financial perspective there can actually be some tax advantages that go along with certain acts of giving as well. This is something that you would want to discuss with a highly qualified estate planning attorney.
Celebrities are usually quite successful financially, and as a result they are in a position to foster charitable legacies. The recently deceased former Dallas star Larry Hagman certainly did his part to this end.
Starting your own charitable foundation can be a fantastic way to craft an enduring legacy that really means something. Many people will devote their foundations to specific endeavors that have particular relevance to the founder.
As a creative artist, Larry Hagman had great appreciation for the arts. The Larry Hagman Foundation is dedicated to providing resources that are utilized to assist children in the Dallas area who come from families with financial need who are interested in the arts.
The work of Larry Hagman touched many of us, and his family has received inquiries from people regarding how they may be able to leave behind a token of remembrance.
His loved ones request that you make a donation to the Larry Hagman Foundation if you do in fact want to do something in memory of this talented actor who provided Americans with so much quality entertainment.
- It’s Important to Have a Coordinated Estate Plan - August 11, 2021
- Trust Administration Frequently Asked Questions (FAQs) - July 29, 2021
- Attorneys Justin M. Kennedy and Maggie A. LaBranch-Gonzales Selected as 2021 California Rising Stars - July 22, 2021