One of the simplest ways to provide to the future of the Ukrainian History and Education Center is through a bequest, which provides a gift in your will. It requires no current outlay of funds, and allows you to make a gift after you have taken care of your loved ones. Bequests qualify for estate tax charitable deductions.
You may arrange for the museum to receive a specific dollar amount, or specified assets, such as securities, real estate, or tangible personal property.
An unrestricted bequest provide us with the flexibilty that will allow your gift to make maximal impact. However, if you wish, you may designate your gift to a specific purpose, such as the Building Fund, Endowment Fund, or Programs Fund.
Suggested language for making an unrestricted bequest: "I give, devise and bequeath [the sum of ____ dollars] [all or ____ percent of the rest, remainder and residue of my estate of every kind and description (including lapsed legacies and devises)] to The Ukrainian History and Education Center, 135 Davidson Ave. Somerset, NJ 08873 for its general corporate purposes."
Retirement Account assets may be taxed at a substantial rate if left to someone other that a spouse. By designating The Ukrainian History and Education Center as the recipient of all or a portion of your retirement assets, you may reduce the taxes on those assets.
Consider making The Ukrainian History and Education Center the beneficiary of your life insurance policy. If you transfer ownership to the UHEC, then an income tax charitable deduction will be generated, and future annual premiums paid by you will also qualify for a charitable deduction.
