What are the benefits of making a bequest?



1. You leave a lasting legacy to be remembered
2. You lessen the burden of taxes on your family
3. You may receive estate tax savings

A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be make to family, friends, or Turtle Rescue of the Hamptons as part of your estate plan.

A bequest can be made in several ways:

1. You can gift a specific dollar amount or asset
2. You can gift a percentage of your estate
3. You can gift from the balance or residue of your estate
4. You can make a beneficiary designation of certain assets

• Life Insurance Policies: Donors may designate TROTH as a beneficiary of their life insurance policy.
• Retirement Funds: Donors may designate TROTH as a beneficiary of their retirement funds.
• Charitable Gift Annuities: A donor makes a gift of cash, securities, or other property to TROTH in exchange for a fixed income stream for the donor’s lifetime.

You may be looking for a way to make a big difference to help further our mission. If you are 70.5 years or older, an IRA charitable rollover is a way you can help continue our work and benefit this year.

• Avoid taxes on transfers of up to $100,000 from your IRA to our organization
• Satisfy your required minimum distribution (RMD) for the year
• Reduce your taxable income, even if you do not itemize deductions
• Make a gift that is not subject to the deduction limits on charitable gifts
• Help further the work and mission of our organization

1. Contact your IRA plan administrator to make a gift from your IRA to us.
2. Your IRA funds will be directly transferred to our organization to help continue our important work.
3. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.