Throughout Southern California
View Our Practice Areas

Economy Down, But Generosity Up

6a017d3e6b2617970c0192abb93ba7970d-320wi.jpgLackluster economic growth and stubbornly high unemployment didn't stop Americans from being generous in 2012, according to a report on charitable contributions released this week..."Historically, giving is a lagging indicator of the economy...The positive data in Giving USA's report indicates Americans may be feeling more confident about the global economy."

Charity is at once the easiest, most joyous of human acts. Charity can be amongst the trickiest acts to pull off financially, however, especially when economic times are tight. Remarkably, despite tough economic times in 2012, Americans actually increased their charitable giving.

As recently noted by CNN Money, "Americans were much more charitable last year." Charitable giving was up in 2012 to the tune of a 4% increase in individual donations and a 12.2% increase in corporate giving. While there are many reasons for this, it is a positive fact.

So what of 2013? What are your plans, for example? If you have high hopes and good intentions for a large gift, then consider obtaining competent counsel to make the most of the opportunity for yourself and your charity.

No Comments

Leave a comment
Comment Information
Email Us For A Response

Find Out The Difference That Experience And Expertise Makes

Get the peace of mind that you deserve. First, attend a seminar. This will entitle you to a free initial consultation and a discounted estate planning fee. To learn more about our services or sign up for a seminar, contact us online or call us at 866-402-1805. We have offices in Torrance, Orange, Newport Beach, Pasadena and Woodland Hills.

Questions? Contact Us.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Call Now For A Free Consultation: 866-402-1805
  • ${site.data.firmName}${SEMFirmNameAlt}
  • Main Office: Torrance

    Torrance Office
    990 West 190th Street
    Suite 500
    Torrance, CA 90502

    Toll Free: 866-402-1805
    Map & Directions

    Orange Office
    333 City Boulevard West
    17th Floor
    Orange, CA 92660

    Toll Free: 866-402-1805
    Map & Directions

    Newport Beach Office
    5000 Birch Street
    Suite 8000
    Newport Beach, CA 92660

    Toll Free: 866-402-1805
    Map & Directions

    Pasadena Office
    790 East Colorado Boulevard
    9th Floor
    Pasadena, CA 91101

    Toll Free: 866-402-1805
    Map & Directions

    Woodland Hills Office
    5850 Canoga Avenue
    4th Floor
    Woodland Hills, CA 91367

    Toll Free: 866-402-1805
    Map & Directions

    Office map
Check out The Law Firm of Kavesh, Minor & Otis on Yelp
Check out Kavesh Minor & Otis on Yelp
Check out The Law Firm of Kavesh, Minor & Otis - Orange on Yelp
Check out The Law Firm of Kavesh Minor & Otis - Pasadena on Yelp