Estate Planning Awareness Month: Bequests To Your Favorite Charity
Bequests to charity are the most popular type of planned gift. A donor may retain assets during life and then leave a bequest to a charity, such as the MUSC Foundation.
A bequest to a charity should include the full legal name, city and state of the charity -particularly if there are chapters of a national organization or religious organizations with similar names. An attorney who drafts the will should be certain that he or she has correctly identified the intended charity by legal name, city and state.
As a donor, you may choose to leave a specific item or amount to a charity. A bequest may be made in several ways:
A retirement asset, such as an IRA account, also makes an excellent bequest gift.
To learn about all of your bequest options, visit our website: http://bit.ly/11F4VKV