Make a Bequest

Donors may make a charitable gift by naming Alzheimer’s Aid Society as a beneficiary in their wills. The federal government encourages these gift or bequests, by allowing an unlimited estate tax charitable deduction. In addition, a charitable bequest may place your estate in a lower estate tax bracket.

There are three ways you can make a bequest:
  1. Specific Bequest: You designate a specific dollar amount, specific percentage, or specific property to Alzheimer’s Aid Society.

  2. Residual Bequest: Your estate will pay all debts, taxes, expenses, and specific bequests. The remaining amount -- the residual -- will be transferred to Alzheimer’s Aid Society.

  3. Contingent Bequest: You can ask that Alzheimer’s Aid Society receive all or a portion of your estate only under certain circumstances. For example, you can name Alzheimer’s Aid Society as a beneficiary of your estate only if there are no surviving close family members. Childless couples sometimes provide for the entire estate to go to the surviving spouse, or if the spouse does not survive, to Alzheimer’s Aid Society.

The Alzheimer's Aid Society is a local organization serving Northern California.  When you contribute, your dollars remain within the area to help families dealing with Alzheimer's.  Donations provide a variety of services directly to local recipients, whereas other Alzheimer's organizations may distribute their fundraising revenue nationally.

This information is provided for your assistance. Please consult with your own tax, legal, or financial planning advisor regarding the tax consequences stemming from your use of it.