A charitable bequest is simply an outright transfer to Medical Teams International made upon death through your will (or through a revocable living trust, if you have created such a trust during your lifetime). It can be as simple as a sentence or two in your will or living trust agreement.
Here is some sample language your attorney can use in drafting a charitable bequest provision.
Charitable bequests are very popular with supporters of Medical Teams International.
- They are flexible arrangements that can be revised if circumstances change.
- They also feature estate tax benefits for estates of donors that might be large enough to be subject to federal or state estate tax.
Note: Even if you already have a will, it can often be revised to include a charitable bequest for Medical Teams International by means of a simple document known as a codicil. Similarly, a living trust agreement can usually be amended easily. In any event, be sure to consult with your attorney regarding appropriate documentation of bequests and other estate planning arrangements.
If you have questions, please contact Linda Ranz at 425.284.1941 or firstname.lastname@example.org.
The information on this Web site does not constitute legal, financial, tax or estate planning advice and
should not be relied upon as a substitute for such advice. Medical Teams International encourages you to
seek the counsel of your own professional adviser as you determine how to proceed.