Examlex
Bequests
The act of giving assets, such as money, property, or personal belongings, to others through a will.
Tax Efficacy
The effectiveness of a tax system or policy in achieving its intended financial or economic objectives while minimizing negative impacts on taxpayers.
Strategic Philanthropy
A form of philanthropy where donors seek to achieve the greatest possible impact through their charitable activities by using data, research, and careful planning to address systemic issues.
Charitable Gift Annuity
A financial arrangement in which an individual donates assets to a charity in exchange for a fixed income stream for a specified term or for life.
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