Leave an Eternal Legacy to the Jewish People
Would you like to create a lasting, personal legacy you’ll be proud of forever? Make a charitable bequest in your will to MiYaD.
Your gift will ensure a vibrant Jewish tomorrow for your community and for generations to come.
It's Easier Than You Think
A bequest is one of the easiest and most impactful ways to leave a legacy. Even if you're someone of modest means, your gift can go a long way.
See below for Sample Bequest Wording .
Here's how a bequest works:
A bequest does not cost you anything during your lifetime
With a Residuary Bequest, you designate a percentage of your estate to MiYaD.
With an Outright Bequest, you leave a specific dollar amount or a specific asset, like securities or real estate, to MiYaD.
After your passing, your trustee will transfer the bequest money or real estate to MiYaD
Bequests are revocable and can be changed or modified during your lifetime
Bequests relieve the tax burden on your family
This is the most effective way to leave a Jewish legacy
We’re Here To Help
We’d be honored to work with you, your family and/or your financial adviser/attorney, to develop a personalized strategy for your charity-giving. Please email or call us at 516.336.9077 so we can set up a time to talk.
If you have been so generous as to include a bequest to MiYaD as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity.
More About Your Bequest
The method used to make a bequest will depend on the kind of gift you choose to leave to MiYaD.
Bequests of real estate, personal property, business interests and cash are typically made by way of a will, revocable trust or even a simple codicil to your current estate plan. Your estate-planning attorney can assist you in preparing the necessary papers for you to complete your bequest. (See below for Sample Bequest Wording.)
Other bequests, such as those involving retirement assets, insurance policies, bank accounts and stocks and bonds, are typically made by completing a beneficiary designation form. Simply contact your retirement plan administrator, life insurance company, bank or investment broker and ask them to send you the right "beneficiary designation" or "payable upon death" form. To complete your bequest, you will need to complete and sign the form and return it to them.
The last step in leaving any bequest involves the transfer to charity. Upon your passing, full value of the gift will be transferred to MiYaD tax-free and your estate will receive an estate tax charitable deduction.
Sample Bequest Wording
I bequeath to MiYaD, aka MiYaD Beis Jericho, Inc., having its principal offices at 82 Forsythia Ln. Jericho, NY 11753
the residue of my estate after all other obligations have been fulfilled,
the sum of ______ dollars,
a percentage of _____ of my residuary estate,
to be used by MiYaD, aka MiYaD Beis Jericho, Inc., for its charitable purposes of providing online Jewish resources to users worldwide.
MiYaD, aka MiYaD Beis Jericho, Inc. , Tax Id. No. 27-1021959, is a 501(c)(3).
When planning or writing a will, please contact an estate attorney who has experience in estate planning and make sure to discuss your wishes with your family and financial advisor.