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Make a Bequest to BEC

 

Bequests are a flexible way to support the environment while maintaining control of your assets. Because bequests are revocable you can make changes to the provisions in your will or trust anytime in the future.  Click here for more details about making a bequest to BEC.

Types of Bequests to Consider:

General bequest: Most donors plan a bequest in the form of a general-use gift. A general bequest can be a dollar amount or percentage of your estate. This general support is most helpful to us because it allows us to direct funds to our most crucial conservation priorities such as climate change.

Specific bequest: You designate a specific dollar amount or specific asset (e.g., stocks, bonds, real estate, mutual fund shares, etc.) to a specific beneficiary. Be mindful if you no longer own the property the beneficiary receives nothing.

Residuary bequest: You designate all or a portion of your estate's residue (what is left after payment of taxes, debts, settlement costs have been satisfied) to a beneficiary or beneficiaries.

Contingent bequest: Can be a general, specific or residuary bequest that designates a contingent beneficiary if the primary beneficiary predeceases you.

Restricted bequest: Sometimes a donor may wish to restrict their bequest to a particular environmental program. Should you have a specific environmental interest, we would be happy to discuss options.

What If I Have Already Written My Will or Trust?

If you have already made out your will and wish to amend it to include the Butte Environmental Council you can consider using codicil language to make your desired changes. Your attorney can prepare a codicil which adds a new bequest while reaffirming the other terms of your will. If you have created a revocable trust you can make changes through an amendment.

Already Planning a Bequest?

If you are planning a bequest, you may wish to consider the financial benefits of a life income trust. Many people have realized significant advantages by using a major portion of a planned bequest for the establishment of such a trust.

Your bequest should be carefully planned to provide the maximum benefits for both your family and our environmental work.

Please discuss these options with your financial consultant or an estate planning attorney.  BEC may be able to recommend some professionals with expertise in this area.