Did You Know?
St. Louis will give $93 million in charitable bequests during the next 51 years. The most common type of planned gift is the bequest, or gift by will. An estate tax deduction is provided for the gift, but there are no income tax benefits.
As you meet with your attorney to create or update your will consider benefiting Youth In Need by making one of the following types of bequests: General, Specific, Residuary or Contingent. By notifying the Development Office of your bequest you are automatically invited to become a member of Youth In Need’s Legacy Society.
Sample language for such bequests are:
I give and bequeath the sum of__________ dollars ($__________) or _________% of my estate to Youth In Need, Inc., with the principal office currently located at 1815 Boone’s Lick Road, St. Charles, MO 63301.
* to be used exclusively for _____________________
*This line should be included if the donor wishes to designate his/her bequest to a particular program and/or location.
I give, devise and bequeath all my right, title and interest in and to (describe the specific property), to Youth In Need, Inc., with the principal office currently located at 1815 Boone’s Lick Road, St. Charles, MO 63301.
I give my residuary estate, which is all the rest, residue and remainder of my property, real and personal, of every kind and description and wherever located belonging to me at the time of my death or subject to my disposal by will, to Youth In Need, Inc., with the principal office currently located at 1815 Boone’s Lick Road, St. Charles, MO 63301.
If none of my family and/or friends, I want to provide for, survive me then I give and bequeath…
For bequests of $50,000 or above, you may establish a named endowment fund.
To leave a legacy for future generations, contact Rob Muschany, Chief Development Officer, at 636-636-757-9348, or contact your money manager.