Remembering CFI in Your Will
“Being of sound mind and body, I direct that my estate be distributed by a court-appointed administer as directed by my state’s legislature in such a way as to ensure that the greatest possible taxes are paid to the state and federal governments.” If you die intestate (without a will), that’s your estate plan.
Ask yourself these questions:
- If I die tomorrow, am I satisfied with where my assets will go?
- How long has it been since I reviewed my current will?
- Have I included bequests for the organizations that I care about and have supported during my lifetime?
A recent study found that 55 percent of the adult American population does not have a will or trust. Without a will or trust, upon your death the state in which you reside will distribute your assets according to their wishes, not yours. By taking the simple step of setting up a will, you can ensure that your assets will pass on to the people and causes that you care about. If you have a current will and decide that you would like to add a charitable bequest, it can be as easy as adding a simple codicil to your will:
I give (devise) and bequeath to the Center for Inquiry, 1310 Sweet Home Rd., P.O. Box 703, Amherst, NY 14226-0703, my estate (or, the sum of money, percentage of estate, or description of property) to be used for carrying out the general purposes of the organization, the sum to be expended by the officials of the organization as they may determine. The Center for Inquiry is recognized by the US Internal Revenue Service as a registered 501 (c) (3) non-profit, charitable organization chartered to perform an educational and scientific mission. The Center for Inquiry’s federal tax identification number is 16-1553469.
A gift to the Center for Inquiry in your will or trust lets you help foster a secular society based on science, reason, freedom of inquiry, and humanist values without using any of your assets today. Bequest gifts have become an integral part of the philanthropic tradition, and we honor bequest donors with membership in the Stephen Girard Society.