Including ASGCC in your will or trust
You can choose to leave a specific dollar amount, designate that a percentage of your estate be given through your will or living trust, or give only the remainder, or residue, of your estate –that which remains after bequests to loved ones have been made. The following is a suggested form for such a bequest:
“I give and bequeath to the AIDS Support Group of Cape Cod, a not-for-profit corporation, with principal offices presently located at 96 Bradford Street, Provincetown, MA the sum of $___, to be used for the accomplishment of its general purposes (or for a specific purpose, as indicated).”
Naming ASGCC as a beneficiary of your life insurance
Life insurance policies are an easy and often overlooked way to make a meaningful charitable gift. This can be done by naming ASGCC as the beneficiary of a current policy, transferring the ownership of a paid-up policy to ASGCC, or taking out a new policy that names ASGCC as the owner and beneficiary.
Making a Gift of Retirement Assets
Retirement assets are one of the most mutually beneficial gifts you can give to ASGCC. Contributions that have been made over the years to an IRA or other qualified plan have been growing tax-free within the plan. If left to an individual, these funds may be subject to both estate tax and income tax, which greatly reduces the value of the asset. If left to a charity, such taxes are usually avoided.
How You Can Help
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