Donate

Text Resize

You are at: Planned Giving > Gift Options > How to Give > Bequest

Bequests

Bequest
Property
Donor's Family
Salvation Army
Bequests
A charitable bequest is one of the easiest ways you can leave a lasting impact on The Salvation Army Central Territory.

A bequest may be made in your will or trust directing a gift to The Salvation Army Central Territory.

Benefits of Your Bequest

  • Receive estate tax charitable deduction.
  • Lessen the burden of taxes on your family.
  • Leave a lasting legacy.

How Do You Make a Bequest?

A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift to be made to family, friends or The Salvation Army Central Territory as part of your estate plan.

Click Here to review sample bequest language.

Your Bequest Options

A bequest may be made in several ways:

  • Gift of a percentage of your estate
  • Gift of a specific dollar amount or asset
  • Gift from the balance or residue of your estate

Making a Bequest of Your Retirement Assets

A retirement asset, such as an IRA account, makes an excellent bequest to us. If the IRA were given to your family, much of the value may be lost through estate and income taxes. By designating The Salvation Army Central Territory as the beneficiary of all or part of your IRA (using a beneficiary designation form provided by your custodian), the full value of the gift is transferred tax-free at your death and your estate receives an estate tax charitable deduction.

scriptsknown