26 Nov Bequest Gifts
Planned Giving Bequests
What is a bequest? A bequest is a gift made through your will or trust. It is one of the easiest and most flexible ways to leave a lasting legacy to UDNF.
Benefits of a bequest
- Reduce your estate taxes
- Leave a lasting legacy to UDNF
- Make a gift that is consistent with your values and wishes
How to make a bequest to the UDNF
- Include a bequest in your will or trust. This is the most common way to make a bequest. Simply specify the amount or percentage of your estate that you wish to give to UDNF.
- Designate UDNF as a beneficiary of your retirement account. This is a great way to leave a gift to UDNF without having to pay income taxes on the distribution.
- Name UDNF as a beneficiary of your life insurance policy. This is an easy way to make a significant gift to UDNF.
Types of bequests
- Percentage bequest: You can leave UDNF a percentage of your estate.
- Specific bequest: You can leave UDNF a specific dollar amount or asset.
- Residual bequest: You can leave UDNF the remaining balance of your estate after all other gifts and expenses have been paid.
Sample bequest language
Here is a sample bequest language that you can use in your will or trust:
“I bequeath to the Undiagnosed Diseases Network Foundation (UDNF), a Washington, D.C. non profit organization, the sum of [insert dollar amount] or [insert percentage] of my estate, whichever is greater, to be used for its general purposes.”
If you have any questions about leaving a bequest to UDNF, please contact us at email@example.com. We would be happy to assist you.