Cablevision’s support of The Lustgarten Foundation ensures that 100% of every donation goes directly to pancreatic cancer research.

 

A Bequest

A gift, typically cash, stocks, securities or assets, typically designated to a charity through your will, is called a bequest.  Bequests offer flexibility and can be structured to fit your personal situation. The gift is revocable, so you can change your mind at any time should your circumstances change.  In many cases, a bequest can reduce the taxes that would be levied against your estate, in the same way that donations during your lifetime entitle you to charitable income tax deductions.

Three Types of Bequests:

Outright Bequests

An unrestricted bequest assures that your gift will be directed by the Foundation’s leadership to fund important research. You may also designate your gift for a special project within the scope of the Foundation’s mission.

Residuary Bequests

Through a residuary bequest, a fixed amount or a percentage of your estate is reserved to provide for your heirs first. Any remainder or residue, or a percentage thereof, is then passed on to the Foundation.

Contingent Bequests

A contingent bequest results in a gift to The Lustgarten Foundation only under the circumstances you describe, such as the death of your primary heirs.

What to do next:

•    Consult with your attorney before establishing any type of will provision.
•    Contact our office for information and to notify us of your intentions.

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The Lustgarten Foundation
1111 Stewart Avenue, Bethpage, New York 11714
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