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Keywords:
Gift,
Bequest,
Revocable,
Meaningful,
Donation
a direction in your Will that instructs your Executor(s) to leave one or more of your assets to a charitable organization(s)
a gift made through a provision in your will or trust
a gift made through your will that may place your estate in a lower tax bracket
a gift of property or a sum of money given through your will or living trust
a meaningful way to reduce your taxes and increase inheritances to your loved ones
A gift of personal property to a legal charity by will.
a donation established through your will in any amount, either to a general cause or to benefit a specific area or interest.
A gift designated in your will that becomes available to the charitable organization(s) after the individual's lifetime. The primary characteristic that distinguishes a bequest from many other planned gifts is its revocable nature, i.e. the donor can change his/her mind. Therefore, there is no charitable income tax deduction for a bequest. Sample bequest language.
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