Bequest

What It Is: 

 

A Charitable Bequest is a gift that is contained within a will or trust. Bequests are one of the easiest ways to leave a legacy.

 

Advantages:

 
• You continue to enjoy the assets during your lifetime
• You may change your estate plan at any time
• Enjoy the satisfaction of knowing during your lifetime that your Jewish legacy ultimately will have a significant impact on the future of Jewish life
• You can establish the legacy in your own name, extend recognition to loved ones, or remain anonymous
• Donor recognition and memorial opportunities are available
• Bequests are an effective planning tool to reduce the taxable estate
 

SAMPLE BEQUEST LANGUAGE:

 

I give, devise and bequeath the sum of ______________________ ($__________, ___________%, or the remainder of my estate) to support the following organization(s) : __________________________________ to create a permanent endowment in my name. Suitable recognition shall follow the establishment of the fund.

To learn more, contact Ted Flaum at tflaum@stpaulfed.org or 651-695-3192.