Bequests
Before deciding about your estate plan, consult an estate planning attorney.
Beneficiary Designation
To designate the 12th Armored Division Memorial Museum as a beneficiary of a qualified retirement plan (IRA) or other financial accounts, please use the following information:
Legal name: 12th Armored Division Memorial Museum Foundation Inc.
Address: 1289 North Second Street, Abilene, Texas, 79601
Sample Language for Your Will or Trust
The following language may help you and your attorney when drawing up a bequest that meets your needs.
"I give to the 12th Armored Division Memorial Museum Foundation Inc., a nonprofit corporation currently located at 1289 North Second Street, Abilene, Texas, 79601, or its successor thereto, ______________ [written amount of the estate or description of property] for its unrestricted use and purpose."
Percentage Giving
Instead of a fixed amount, consider gifting a percentage of your estate or a specific assist. That way, gifts to loved ones and to the Museum remain proportional – no matter how your estate fluctuates. Here are three ways you can do percent giving:
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Gift a percentage of your estate to the museum in your will.
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Leave the Museum a percent of your residential estate (the portion of your estate that remains after all gifts have been made and all claims on the estate are satisfied).
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Name the Museum as a beneficiary of a percent of your life insurance policy or retirement account.
The following language may help you and your attorney when drawing up a bequest that meets your needs.
"I give to the 12th Armored Division Memorial Museum Foundation, Inc. a nonprofit corporation currently located at 1289 N. Second Street, Abilene, Texas, 79601, a sum equal to ______% of the rest, residual, and the remainder of my estate."