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Planned Giving - A Renewable LegacyBequests, or naming the MREA as a beneficiary in your will or trust document is the most common form of planned giving. This is an opportunity to support what you value beyond your lifetime. For many a bequest is a means of making a much larger gift than possible while you are still drawing an income from your investments. Such bequests are exempt from federal or state estate taxes. A properly planned bequest can even result in a larger estate passing on to your heirs.
There are several different types of bequests including:
Residuary bequest
Contingent bequest Sample bequest language: “ I hereby give, devise and bequeath to the Midwest Renewable Energy Association, a 501c3 non-profit, non-stock Wisconsin Corporation with its principal offices in Custer, Wisconsin, the sum of ___________ dollars ($). It is understood that my gift will be deposited into the general fund of the Midwest Renewable Energy Association, to be used or disposed of as its Board of Directors in its sole discretion deem appropriate.” You can also direct your donation to our Scholarship Fund. Click here for more information.
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| Page Last Modified: Tuesday, August 29, 2006 | |