How do I include the MMH Foundation in my will
for the benefit of Massena Memorial Hospital?
Bequests made to the Foundation will serve Massena Memorial's need for years to come. There are four ways (below) that you can provide for Massena Memorial's through your own will. We always recommend you consult with your estate planner on which option is best suited for you.
A certain dollar
amount or real
A set percentage
of the estate's value
Assets that remain
after all other
taxes and expenses
have been satisfied.
Only when those
named as primary
Frequently Asked Questions:
If I die without a will, who will decide where my assets will go and how? The State where you legally reside, based on a legal formula.
How can I update my will if there are minor changes? By asking your attorney to prepare a codicil.
Should I include a specific gift distribution list? Yes to make sure there is no confusion.
Is an outdated as bad as, or worse than, having no will at all? Yes
Can I minimize the taxes on my estate by creating trusts? Yes
Are there other planned giving vehicles besides wills?
Other giving vehicles can offer a variety of benefit(s) to you or your beneficiaries including: fixed payments for life, improved personal income, tax free income, income tax deduction, or reduced capital gains tax. You should consult with your financial or estate planner to decide which might best suit your needs.
Family Now - Charity Later
Charity Now - Family Later
|Charitable Lead Trusts |
| Charitable Remainder Trusts|| |
|Pooled Income Funds|| |
|Real Estate|| |