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Estate Planning

Bequests are gifts made through a will or living trust. Bequests are especially popular for people who want to make a gift of significant size, but who simply cannot give up income or capital during lifetime.

Estate giving provides a number of options. For example, you may designate a gift of cash, specific personal property, or real estate. You may choose between designating a percentage of your estate or stipulate a certain dollar amount. You may even make a "sequential gift", where the amount given to the Association is delayed until other family needs are met (e.g., educational costs or disability planning)

Here is sample bequest language you can take to your attorney:

Please reference the Alzheimer’s Association, Central Illinois Chapter in your charitable bequest or as part of your estate plan as follows: For the unrestricted use of the Central Illinois Chapter of the Alzheimer’s Association, 606 W. Glen Avenue, Peoria, IL 61614, EIN 37-1224417.

Shrewd planning may even allow you to double up on the tax benefits of estate giving. Gifts from IRA’s, for example, may avoid deferred income taxes as well as typical death taxes. For more information on estate gift options, ask for our brochure, Gifts Through Wills and Trusts.


 

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Alzheimer's Association

Our vision is a world without Alzheimer's
Formed in 1980, the Alzheimer's Association is the world's leading voluntary health organization in Alzheimer's care, support and research.