You'd like to help build the long-term financial strength of the Camden Public Library, but feel you cannot make a significant gift today. Your solution may be a charitable bequest. A bequest under your will or revocable trust can complement your lifestyle and commitments today while supporting the Camden Public Library tomorrow.
Donors choose a bequest because:
- It is not payable until death, so it does not affect your assets or cash flow during your lifetime.
- It is revocable - you can change the provisions in your will or trust at any time, and
- It is private - your will is not filed or made public until your death.
Your giving options are increased
- A bequest can deliver a specific gift to the Camden Public Library ("I bequeath the sum of Ten Thousand [$10,000] Dollars"). Alternately, it can deliver a percentage of the balance remaining in your estate after taxes, expenses and specific bequests have been paid - what's known as the residue ("I bequeath Ten [10%] Percent of the residue of my estate").
- You can designate that a particular program or activity at the Camden Public Library benefit from your bequest. Or, you can make your gift unrestricted and allow us to use it for the needs and opportunities most relevant when your gift is paid to us.
For more information and assistance in preparing your bequest, contact us.