Simple Bequest A bequest is a gift made through your will or living trust by adding language that describes your wishes. For example:
--a specific dollar amount
--a percentage of your estate
--whatever remains after specific beneficiaries have been paid
--other options as your advisor recommends
Sample bequest language can be found
here.
Minimum IRA Distribution If you must take a minimum required distribution from your IRA, you have the option to direct your IRA administrator, through a simple form, to transfer all or a portion of the required distribution to Friends Community School. In doing so, the amount directed to FCS is not considered income to you by the IRS and may provide you with a significant tax benefit. The administrator of your IRA (such as TIAA, Fidelity, Vanguard, etc.) can provide the form to you.