Giving through an estate plan is usually achieved with retirement plan assets and/or assets that pass through a will or trust. These types of gifts allow you to plan for future philanthropy to Bentley while leaving your current financial situation unaffected. By making these types of gift plans, you may find that you can achieve your philanthropic goals in ways that may not be possible during your lifetime.
You may direct all or a portion of your estate to Bentley. If your estate is subject to estate tax, giving through your estate plan will generate a charitable estate tax deduction, which may result in substantial tax savings. If you decide to include a gift to Bentley in your estate plan, we would be pleased to invite you to join The 1917 Legacy Society.
It’s really never too early – or too late – to plan for your retirement. As you plan for the lifestyle you desire, you may find that a charitable gift helps you reach your financial and philanthropic goals. Options include making current gifts directly from your IRA, making gifts that increase your retirement cash flow, and planning future gifts by beneficiary designation.
If you have assets like retirement plans, financial accounts, commercial annuities, and life insurance policies, a document called a beneficiary designation controls their distribution. A beneficiary designation is one of the simplest ways to make a gift to Bentley. It's literally as easy as filling out a form.
Estate planning can take time, but after you go through the process, you will have peace of mind that you’ve planned for the future. A good estate plan has many key elements that address your current situation as well as how to thrive in the years to come. When your plan is in place, you’ll know that you’ve done your best to provide for yourself, your loved ones, and the causes you’ve cared about over the years.
A future gift to Bentley from your will or trust – a bequest gift – is a favored method of giving that enables you to achieve your financial goals, maintain control of your assets during your lifetime, and benefit Bentley. A bequest gift is simple to include in your plans and easy to change if needed.
We offer sample bequest gift language for your attorney’s consideration in preparing your will or trust.