Bequest

What it Means

Gifts made by a bequest in a will may include a certain dollar amount, stock, real estate, all or a portion of what remains from an estate after debts, taxes, expenses and other bequests have been paid; assets only under certain conditions such as only if a spouse or other beneficiary does not survive.

How It Works

1. You can provide now for a future gift to the Asbury Foundation by including a gift in your will or revocable trust
2. Your will or trust directs assets to your heirs
3. Your will or trust directs a gift to the Asbury foundation for the purpose(s) you specify

Benefits

Allows you to….

• Have no upper limit on the estate tax deductions that can be taken for charitable gifts
• Make a large gift at no immediate cost to you
• Modify your gift if your circumstances change
• Direct your gift to a specific ministry or endowment
• Have peace of mind knowing that your gift will continue to support Asbury in the way you intended when you are gone

The content provided on The Asbury Foundation site is not offered as legal or tax advice. Examples of tax benefits may or may not apply to your own situation at the time of your gift. The Asbury Foundation urges donors to seek the advice of a tax advisor, attorney, and/or financial planner to make certain a contemplated gift fits well into your overall circumstances and planning. All material is presented solely as educational information and is not a solicitation or offer.