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When planning for the future of your estate you may want to consider ways to support your community. Here in Southbury, the ecology is unique and history runs deep in our foothills, valleys, and waterways.
A charitable bequest is an excellent vehicle to aid in this form of planned giving. Bequest/beneficiary designation giving is a gift of assets rather than income, which allows even moderate donors to become major donors.
Charitable bequests and beneficiary designations allow the donor to retain full use of the asset throughout his or her lifetime.
Bequests and beneficiary designations also allow the donor flexibility to change the arrangement if needs or goals change.
There is no upper limit on the estate tax deduction for a charitable bequest. Please consult your attorney for details.