Gifts From Your Will or Trust: The Details
It just takes a simple designation in your will and will not affect your cash flow during your lifetime. Itís easy to revoke if your situation changes.
Is this gift right for you?
A bequest is for you if:
- You want to help ensure The Red Cross's future viability and strength.
- Long-term planning is more important to you than an immediate income-tax deduction.
- You want the flexibility of a gift commitment that doesn't affect your current cash flow.
Your bequest to support our mission should be thoughtfully planned. Many good planning techniques are available, and you should choose the type of bequest that best suits your personal objectives.
For example, your bequest can be a stated dollar amount, or you can bequeath specific property to our organization. Some of our friends prefer to bequeath a certain percentage of the remainder of their estate — the amount that remains after paying all debts, costs, and other prior legacies. (You can visit our Sample Bequest Language to get you started.)
Whichever form you prefer, you can direct that your bequest be used for the general support of our work or for a specific purpose you designate. Whatever your objectives, we will be happy to work with you in planning a bequest that will be satisfying, economical and effective in carrying out your wishes in our important mission.
With your permission, we will recognize your gift through membership in Legacy Society, a distinguished group of supporters who have made a planned gift to our mission.