Hi David. Thanks for the post.

I have an annual reminder to tell my closest family about the charities I would like to leave 90 % of my assets to if I die. I tell them they could take the other 10 %, which I think results in a greater fraction going to charity than if I told them to leave 100 % to charity.

I considered setting up a will, but I concluded it is not worth it for me. I estimate it would cost 234 € for financial cost of 159 € in Portugal, and time cost of 75 € for 5 h at 15 €/h. The risk of death of people in Portugal in 2023 with age 25 to 29, which covers my age, was 0.0416 %. So it would only be worth it if I could lose more than 562 k€ (= 234/(4.16*10^-4)). My total assets are much smaller than this, and I expect this to continue to be the case. I aim to keep my savings equal to 6 times the global real gross domestic product (GDP) per capita, which is currently around 80 k€ in Portugal.

Q8: Is it important for you that your parents would approve of you donating from your inheritance (i.e., would it make it easier for you to do so)?

Q7: Would you consider making a pledge to donate from your inheritance?

Q6: Would you consider donating some substantial share of your inheritance to effective charities?

Q5: Do you expect to inherit more than $100k (in US dollar equivalent value of all assets) from your parents?

Q4: Whether or not you have written a will or plan to do so soon... do you intend to leave some or all of your assets to an effective charity?

Q3: Would you like to write your will within the next year, if an individual or organization you trust would help you do it?

Q2: Have you written a will involving a bequest to an effective charity/charities?

"Have you established a legally binding will?" (I.e., bequest, i.e., 'last will and testament')