Charitable Bequest

A charitable bequest is one of the easiest and most flexible ways that you can leave a gift to The Central Association of the Miraculous Medal that will make a lasting impact.

Benefits of a bequest:

•     Receive an estate tax charitable deduction
•     Reduce the burden of taxes on your family
•     Leave a lasting legacy to charity

How a bequest works: A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or CAMM as part of your estate plan, or you can make a bequest using a beneficiary designation form.

Here are some of the ways to leave a bequest to CAMM

•     Include a bequest to CAMM in your will or revocable trust
•     Designate CAMM as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k),   403(b) or pension)
•     Name CAMM as a beneficiary of your life insurance policy

A bequest may be made in several ways:

•     Percentage bequest – make a gift of a percentage of your estate
•     Specific bequest – make a gift of a specific dollar amount or a specific asset
•     Residual bequest – make a gift from the balance or residue of your estate