FAQ: Succession


What happens to my fund after I die?

If you have named one or more successor advisors, they will have the right to make grant suggestions until their death(s). If you have not named a successor advisor or after the lifetime(s) of your successor advisor(s), the fund will generally convert to an unrestricted fund at CFWG, and the distributable income will be used to benefit worthy nonprofit organizations in Carroll, Haralson, and Heard Counties. Alternatively, you may specify the fund to convert to an endowment that benefits certain charities or areas of interest you choose. In this case, you must advise CFWG of the charities you have selected.