Bequests are gifts made through your will. They can be made in the form of a specific gift of cash or property, a general sum of money, or a percentage of the remainder of an estate or trust and they are distributed at your death. The full amount of your bequest is usually deductible for estate tax purposes.
The following is suggested language for including AID Atlanta in your will:
“I give, devise and bequeath to AID Atlanta, Inc. located at 1605 Peachtree Street, Atlanta, GA 30308 for its general purposes, the sum of $______ (or state a fraction or percentage of the rest, residue and remainder of my estate, both real and personal).”
AID Atlanta’s correct legal designation is: AID Atlanta, Inc., Federal Tax ID number 58-1537967
For more information on planned giving options, or to set up an appointment to explore how a charitable gift to AID Atlanta may fit into your overall estate planning, please contact Ed Doolittle at 404.870.7728 or firstname.lastname@example.org.