Create a lasting legacy by making TR a part of your estate plans. Leaving a bequest to TR in your will allows for tax savings: your estate will be entitled to an estate tax charitable deduction for the full value of the bequest.
TR encourages those looking to name Transitional Resources in their will to consult an attorney. For more information, contact our Development Office at (206) 883-2029.
Here are some examples of the types of bequests made:
- General bequests are for a certain dollar amount of cash or property. (“I give to Transitional Resources the sum of . . .”)
- Specific bequests give TR a specific piece of property. (“I give Transitional Resources 200 shares of ABC stock. . . .”)
- Residual bequests donate all or a portion of what remains after all taxes, debts, and expenses have been paid. (“I give 40% of the rest, residue and remainder of my estate. . . .”)
- Contingent bequests only become active under certain situations. (“In the event my spouse does not survive me, I give Transitional Resources the sum of . . .”)