Depending on the size and complexity of your wealth, it may be worthwhile to set up a trust.
All or part of your property will be assigned to a trustee, who will be responsible for administering it according to your instructions.
The potential advantages of a trust, whether living or testamentary, include protecting certain beneficiaries, protecting your assets, controlling how property is distributed among heirs in a blended family and, in certain cases, lowering the tax burden on beneficiaries.
Find out more from your advisor.
Combining tax credits with community involvement? Why not?
During your lifetime or at death, you may make a donation of money or property, including investments and life insurance, to a foundation or charitable organization.
You may also opt for an endowment fund. This type of fund is a long term investment (rather than a one time, final gift), on which only the income is used and directed toward the organization(s) you wish to support.
Don't hesitate to speak with your advisor, who has a broader professional network of experts to call upon if needed.