Yes, you can establish a charitable foundation as a meaningful component of your estate plan. This philanthropic endeavor allows you to leave a lasting legacy by contributing to causes or charities that align with your values and passions. By creating a charitable foundation, you can ensure ongoing support for the organizations or initiatives you care about even after your passing. This can also offer potential tax advantages, as donations to qualified charitable foundations are often tax-deductible. Consulting with an estate planning attorney can help you navigate the process and ensure that your charitable foundation is established and managed according to your wishes and in compliance with legal requirements.