A gift through your will or trust can allow you to have a profound impact on Ireland’s Great Hunger Museum without affecting your current assets or lifestyle. Whether you wish to provide general operating income for us to use as needed, which provides us with flexible support, or to a specific program, a bequest is a way to ensure that we and our programs continue to operate through your generosity.
An alternative to a bequest gift is to designate Ireland’s Great Hunger Museum as the beneficiary of your retirement assets. This gift is simple because you can control the transfer of these assets at your death without changing your will or living trust. All you need to do is request and complete a new beneficiary designation form from your plan administrator.
A gift of retirement assets is among the most tax-wise ways to make an estate gift. This is because your retirement assets, if left to individuals, will be subject to income tax when they receive distributions. With a gift to a non-profit, no taxes are removed thus allowing 100% of the funds to be used to further its mission.
Life insurance policies can also be used to benefit the museum by completing and returning to your insurance company a form designating that the museum receives all or a portion of the death benefit associated with your life insurance policy.
Please contact Ryan Mahoney, executive director, at 203-582-6573 or firstname.lastname@example.org for more information.