Support Adventure Cycling
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PLANNED GIVING
You can make a charitable donation by naming Adventure Cycling as a beneficiary in your will. The federal government encourages
these gifts or bequests by allowing an unlimited estate-tax charitable deduction.
To make a bequest to Adventure Cycling, the following language will be helpful to your lawyer:
"I give, devise, and bequeath to Adventure Cycling the sum of _______ [or otherwise describe the gift or specify a percentage of the
estate]."
There are five ways you can make a bequest:
- General Bequest
This is the most popular type of charitable bequest. You simply leave a specified dollar amount to the designated charity.
- Specific Bequest
You designate a specific dollar amount, specific percentage, or specific property to Adventure Cycling.
- Residual Bequest
Your estate will cover all debts, taxes, expenses, and specific bequests. The remaining amount -- the residue -- will be transferred to
Adventure Cycling.
- Contingent Bequest
You can ask that Adventure Cycling receive all or a portion of your estate only under certain circumstances. For example, you can name
Adventure Cycling 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 Adventure Cycling.
- Percentage Bequest
You can designate a percentage of the estate or of the residuary estate. If the size of the estate changes, the bequest to Adventure
Cycling will change in the same proportion.
If you would like more information about how to use your will to accomplish your charitable objectives, please contact Julie Emnett, at jemnett@adventurecycling.org or call at (800) 755-2453 ext. 236.
The information provided here is not intended as legal or tax advice. Please consult your attorney or accountant to discuss the legal or
tax implications for your individual situation.
Please note: Adventure Cycling Association is a 501(c)3 charitable organization.
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