MAKING A BEQUEST
A bequest is a gift from your estate — a transfer of cash, securities, or other property made through your estate plans. You can make a bequest to ACCA, Inc. by including language in your will or living trust leaving a portion of your estate to ACCA. Another option is to designate ACCA, Inc. as a beneficiary of your retirement account or life insurance policy. Remembering ACCA with a bequest from your estate will help sustain and strengthen ACCA in years to come.
Some of the advantages of creating a bequest include:
- A bequest costs nothing now, yet gives you the satisfaction of knowing that ACCA will continue to help people in need in our community.
- You retain control of and use of your assets during your lifetime.
- You may modify your bequest if your wishes or your circumstances change.
- Gifts to ACCA from your estate are exempt from federal estate taxes.
Naming ACCA as a beneficiary of a specific amount from your estate is easy. You simply add a statement or codicil to your will with wording like the following: “I give and devise to ACCA, Inc., located in Annandale, Virginia, the sum of $______________ to be used for its general support (or for the support of a specific ACCA program).”
Consult with your lawyer regarding adding the specific wording appropriate for your will.