Charitable Bequest
A charitable bequest is one of the easiest and most flexible ways to leave a gift to Pace Academy and make a lasting impact.
Charitable Bequest
Property
Donor's Family
PACE
Benefits of a bequest
- Receive an estate tax charitable deduction
- Reduce the burden of taxes on your family
- Leave a lasting legacy to Pace
How a bequest works
A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or Pace Academy as part of your estate plan, or you can make a bequest using a beneficiary designation form.
Here are some of the ways to leave a bequest to Pace Academy
- Include a bequest to Pace Academy in your will or revocable trust
- Designate Pace Academy as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension)
- Name Pace Academy as a beneficiary of your life insurance policy
A bequest may be made in several ways
- Percentage bequest - make a gift of a percentage of your estate
- Specific bequest - make a gift of a specific dollar amount or a specific asset
- Residual bequest - make a gift from the balance or residue of your estate
Contact us
If you have any questions about leaving a bequest to us, please contact us. We are happy to assist you with your questions and provide additional information. If you have already included a bequest to Pace in your estate plan, please let us know. We would like to recognize you and your family for your generosity.