A Gift in Your Will or Living Trust
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Interested in helping the Salk Institute with our mission but feel overwhelmed by the thought of writing another check or giving up your assets today? A simple, flexible and versatile way to ensure we can continue our work for years to come is a gift in your will or living trust, known as a charitable bequest.
By including a bequest to the Salk Institute in your will or living trust, you are ensuring that we can continue our mission for years to come. Your gift also entitles your estate to an unlimited federal estate tax charitable deduction.
Check Out This Potential Scenario
When Tom and Martha got married, they made a point to put together a will to protect their assets. They both loved the Salk Institute and decided to include a bequest of $75,000 to us in their will.
As Tom and Martha's family grew to include three children, they decided to revise their gift to ensure their children's future financial security. They met with their attorney and simply revised the bequest language so that their gift to the Salk Institute was now a percentage of their estate instead of a specific amount. Tom and Martha now rest easy knowing when they die, their plans will provide for the people and charitable work they love.
Bequest Language: I give [insert dollar amount, property to be given, percentage of the estate, or "the remainder of my estate"] to the Salk Institute for Biological Studies, a California nonprofit corporation, located at 10010 North Torrey Pines Road, La Jolla, CA 92037.