For anyone wishing to support The Brick Store Museum, planned giving can be a powerful and meaningful way to leave a philanthropic legacy that helps ensure our future and fulfill our mission. A gift is "planned" when a donor purposefully decides to incorporate a charitable gift into his or her overall tax, financial and estate plan. With careful preparation and the right circumstances, planned gifts can provide donors with a variety of benefits, including the reduction of income and/or estate taxes and the reduction or avoidance capital gains taxes.
- For many people, the easiest way to make a planned gift is through a bequest, a provision in a will directing one's wishes in regards to the disposition of assets. A bequest allows you to make a long-term commitment without affecting your current standard of living. A bequest can take a variety of forms, including cash, securities, or other assets. You can arrange to leave a bequest to The Brick Store Museum by designating in your will either a specific amount or a percentage of the residue or your estate.
- In addition, one can designate The Brick Store Museum as a beneficiary of a revocable trust or retirement plan.
Although planned giving is a common and easily-accomplished method of making a charitable contribution, the information provided here is not intended as legal or tax advice. Planned giving documents should be prepared in consultation with your attorney, accountant and/or estate planner.
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