Legacy Gifts
Legacy gifts are a crucial source of future funding that enables MASH to plan and carry out its mission of helping homeless families, and ensuring the perpetuation of our organization. Legacy gifts can be made by a bequest or a gift of beneficiary designation. Please take a moment to read through the information provided to see what type of gift works best for you and your family.

Bequests
Gifts of Beneficiary Designations


Bequests
A bequest is often the most realistic way for many donors to make a significant contribution to MASH. You have an opportunity in your estate plan to provide not only for your family and friends, but also for charity. Besides cash, you may also leave stocks, bonds and other types of property to charity. We are pleased to provide the following information to help you and your attorney establish your estate plans.

Types of Bequests

When writing or updating your will, you can make a real difference by naming MASH as a beneficiary.

Some common bequest are:

• Specific bequest: Determine a specific dollar amount or asset that you wish to leave to MASH.
• Residual bequest: After you have provided for your loved ones, name MASH to receive a percentage or all of your residuary estate.
• Contingent bequest: MASH receives a bequest only in the event of the death of other beneficiaries.

Gifts of Beneficiary Designations

A beneficiary designation is the simplest way to make a legacy gift to MASH. When you complete your beneficiary designation form, just name MASH as a full or partial beneficiary and provide our tax identification number. In addition, these gifts bypass probate and go directly to all beneficiaries.

Here are some common designation options: [TOP]

• Retirement plans [e.g., traditional IRA, Keogh, 401(k)]: Including MASH as a beneficiary enables you to avoid substantial income taxes that would have been due if a retirement plan were left to non-spousal heirs. It is strongly advised that you name MASH as a beneficiary of a retirement plan through your designation form and not through your will, which may jeopardize tax benefits.
• Insurance policies: There are a number of ways you can name MASH as a beneficiary of an insurance policy, whether through your employer or a separate policy that you hold. Such a gift may provide you with current and future tax benefits.
• Savings accounts: Designating MASH as a beneficiary of a savings account is simple and allows full use of savings during your life.

*This information does not replace legal council. Please contact your attorney or financial advisor regarding all charitable gifts. For more information please contact us at Development@mashshelter.org