A donor-advised fund (DAF) succession plan is an important part of your overall estate plan and charitable legacy. It involves directing your DAF sponsor on how to manage or distribute assets remaining in your charitable giving fund after your lifetime. Without a succession plan, funds remaining in your DAF could be rolled into the sponsor’s own charitable fund, to be distributed as the sponsor chooses and not according to your wishes. Our gift planning team is always available to discuss your succession plan or other legacy giving opportunities.
