Because of the estate tax deduction, a testamentary bequest to charity is preferable to a lifetime transfer.

Name: Because of the estate tax deduction, a testamentary bequest to charity is preferable to a lifetime transfer.
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A lifetime transfer to charity can provide immediate income tax deductions, while a testamentary bequest only provides estate tax deductions. The preference depends on individual circumstances and tax planning goals.

Because of the Estate Tax Deduction, a Testamentary Bequest to Charity