Bequest

A bequest is a gift designated in your will, or through a trust that enables you to retain the asset during your life and provide a payout to an assigned beneficiary when you no longer require the asset. You may choose a specific item or amount, a percentage, or a residual bequest. You may also choose to make Beth Jacob Legacy Fund a contingent beneficiary in case the heirs are unable to receive the estate.

Retirement Plan Assets

In some cases, retirement assets can be the most heavily taxed in an estate. Naming Beth Jacob Legacy Fund, Inc. as a beneficiary can avoid that taxation, enabling the asset to pass tax-free to the organization. You may also designate BJLF a percentage beneficiary or a contingent beneficiary of a retirement plan.

Bank or Investment Account

One of the easiest ways to make a charitable gift is to simply donate money from your bank account or investment account. This requires no extra effort on your part, and you can easily direct where you want the money to go.

Banks and investment firms offer the opportunity to give charitably through accounts set up for that purpose. The account works like a regular savings or investment account, with the donor able to receive tax advantages for the gifts. Financial accounts can be a simple and inexpensive way to leave a legacy gift for BJLF.

Life Insurance

Life insurance is a simple vehicle to leave a legacy. You may designate BJLF as a beneficiary, or transfer ownership of a current policy you no longer need. And, because your policy will continue to grow in value, your initial contribution can have an even greater impact over time.