Leaving
a Legacy to the Community
Charitable
bequests are an important way Americans make lasting contributions
to their communities. If your will includes a bequest to the Foundation,
we thank you for your thoughtfulness. We invite you to inform us
if you have named the Foundation so that we may acknowledge you
along
with the other special people who have made future commitments. The
confidentiality of all bequest provisions is maintained. If your
completed will does not include a charitable bequest, you might
consider adding one through a codicil.
Because
a charitable bequest is fully deductible from your estate,
significant tax savings may result. These savings enable many people
to make
a charitable gift while preserving most of the legacy they
intended for
their heirs. You don't need a large estate to make a bequest.
It can be of any size and can take many forms.
Some
individuals have established living trusts instead of having
a will. Such trusts can include charitable provisions similar
to other types
of bequests.
It
is important to provide the exact name of any charity
you name as beneficiary so that your gift can be transmitted
correctly. For the
Foundation, the proper designation is the Northern
New York Community Foundation, Inc.
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