Bequest in Your Will or Trust
More than all other types of legacy gifts, bequests are the most frequently given. Whether your estate will be distributed through your will or through your trust, including Cancer Support Community of Greater St. Louis to receive an estate gift offers several options:
- Give a specific amount of cash, give an asset (like a certain stock or investment fund), or give a piece of property. This is a good choice for people who want to endow their annual gift. For example if you give $1,000 every year, you could make that gift forever by giving a specific amount ($25,000) as a bequest. Invested so this it returns 4% a year, such a bequest would continue you annual gift forever.
- Give a percentage of your estate or a percentage of the remainder of your estate after bills are paid and specific bequests made. This is a good gift for donors who aren't sure how much their final estate may be, but want to make sure it is divided proportionately to loved ones and charities they care about.
- Make a contingent gift. A contingent bequest allows donors to make an estate gift if their primary beneficiary or beneficiaries fail to survive them. Rarely are contingent gifts made to proposed beneficiaries, but it is good planning to consider the possibilities.
Because we have recently changed our name and because we are affiliated with a national organization, we ask donors and their professional advisors to be certain to include our full legal name in their estate documents. This is information to include:
Cancer Support Community of Greater St. Louis
1058 Old Des Peres Road
St. Louis, MO 63131
For more information about estate planning, contact Ann Kelly, Development Director, at 314-238-2000 ext. 235 or email at akelly@cancersupportstl.org.
This is not intended as legal or financial advice. Please consult you professional advisors.