Use one of these common ways to significantly increase your charitable impact through your will and clearly communicate your values.

• Add a child named “Charity.” Some families treat charitable organizations like an additional child. For example, if a family has three children, they might add a fourth child named “Charity” and divide the assets in their will into four equal parts. Each of their children would receive 25%, and the remaining 25% would be divided among their favorite charitable organizations.
• Percentage. Others commit a percentage of their estate to the charitable organizations they love, dividing the remainder among their heirs.
• Cap. Some families decide to “cap” their children’s inheritance, leaving the rest of their assets to charity. This approach is used when the parents want to provide a modest gift to bless their children and eliminate concerns of creating dependence or giving too much too soon.
• Update an existing will. An attorney can add, delete, or change an item in your will with an additional statement called a “codicil.” Here’s an example: “I give, devise, and bequeath twenty- five percent (25%) of my residuary estate to [charity name] whose address is [city, state, zip code].” Like a will, a codicil must be dated, signed, and witnessed.

Sample language for including a gift in your will is available here.