Learn About Wills and Bequests


What are the benefits of making a bequest?

One significant benefit of making a gift by bequest is that it allows you to continue to use the property you will leave to nonprofits during your life. Another benefit is that you are able to leave a lasting legacy. You can also lessen the burden of taxes on your family and receive estate tax savings.


How can I learn more?


How do I make a bequest?

A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift be made to family, friends or to TOP Jewish Foundation as part of your estate plan, or you can make a bequest using a beneficiary designation form.

What are my options?

  1. Include a bequest to TOP Jewish Foundation in your will or revocable trust
    1. Percentage bequest - a percentage of your estate
    2. Specific bequest - a specific dollar amount or a specific asset
    3. Residual bequest - a gift from the balance or residue of your estate
  2. Designate TOP Jewish Foundation as a full, partial, or contingent beneficiary of your retirement account (IRA, 401(k), 403(b), or pension)
  3. Name TOP Jewish Foundation as a beneficiary of your life insurance policy

What are bequest options?

A bequest can be made in several ways:
  1. Percentage bequest – a percentage of your estate
  2. Specific bequest – a specific dollar amount or a specific asset
  3. Residual bequest – a gift from the balance or residue of your estate
  4. You can make a beneficiary designation of certain assets


How can I learn more?


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