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What is a Will?
A will is a signed and witnessed document that describes your final wishes for the disbursement of your assets. A will is also the place where you appoint an executor to manage the administration of your estate.
What is a Bequest?
It is the act of giving money, property, stocks or bonds to a person, organization or charity through a will or estate plan.
What are the benefits of making a bequest to charity?
- You leave a lasting legacy to be remembered
- You lessen the burden of taxes on your family
- You may receive estate tax savings
How can I learn more?
How do I make a bequest?
A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made to family, friends or In Touch Foundation as part of your estate plan.
What are my options?
A bequest can be made in several ways:
- You can gift a specific dollar amount or asset
- You can gift a percentage of your estate
- You can gift from the balance or residue of your estate
- You can make a beneficiary designation of certain assets
How do I get started?
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