Estate Donations

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Has The Nick of Time Project brought positive change and support to you or someone you love?

Nevertheless, consider donating a bequest as a contribution in serving more seniors and in building strength in your community.

 

Admist unpredictable funding, The Nick of Time Project continually faces the challenge of financial sustainability. However, there are numerous ways besides writing a check to support The Nick of Time Project's mission and organization. Along with making a positive change in many senior's lives generations to come, you may also consider your generous donation as a tax-deductible donation when preparing your taxes. 

Your Will or Trust

Along with addressing an important role in arranging the future financial security of your family and others, your will or living trust can also propose a way to make mindful philanthropic donations as part of your long-term estate and financial plans. Donations included in wills and living trusts are very common as they are easy to prepare and may be changed with your life circumstances.

 

As a Donor you may:

  • Gift an exact dollar amount, a portion of your estate, or what leavings after other bequests have been satisfied.

  • Bequests to The Nick of Time Project can earn a full charitable deduction on estate taxes.

Different Types of  Bequests

 

  • A Specific Bequest—a direct donation of money, stocks or bonds, land, tangible personal property, or other assets.

 

  • A Residuary Bequesta donation of all or a percentage to The Nick of Time Project that is considered as the remains, after which the exact bequests have been fulfilled. 

 

  • A Contingent Bequest—provides for the arrangement of the estate if one or more of the named beneficiaries passes away before to the donor (this form of bequest can also be used in conjunction with a specific bequest or a residuary bequest).

Stock Donations

Granting a donation of stock is an additional simple way to contribute to The Nick of Time Project, meanwhile providing mutual benefits of tax deductions. If you are interested in donating stock to The Nick of Time Project, please contact George Shaginian, Executive Director.