Approximately 50% of all adults die without a valid will. Many think they don’t need a will because they aren’t wealthy, are too young, or are willing to let the courts handle their affairs. The truth is everyone should have an up to date plan for their estate. Planning for your family, reducing taxes, and supporting your favorite charity are among the benefits.
It’s a common myth that only the rich and famous leave money to charity when they die. The reality is without the gifts big and small left in wills by people like you, many of the charities we know today wouldn’t even exist.
The simplest way to leave a legacy to the Museum is to designate a specific dollar amount or a percentage of your estate to go to Booth Western Art Museum. The Museum could also be named to receive property, life insurance, or shares of stock. Another alternative is to leave the remainder of your estate to the museum after family and other heirs have been provided for.
Other estate planning options include lifetime income opportunities through a trust or annuity that pays you or a loved one during your life, with the museum receiving the remainder of the funds upon your death. One of the Museum’s generous patrons made such a gift recently, you can read about her story here: Dee Venzer.
For more information about planned giving options, or to become a member of the Booth Legacy Society, please contact our development department at 770-387-1538.