BEQUESTS
Remembering the Dementia Society of America in your will or trust can be easily accomplished with the designation of a specific dollar amount or other property. You may also designate the Dementia Society of America to receive a specified percentage of your estate assets.
The following is some sample language that you may use in your will or trust:
“I give and bequeath to the Dementia Society of America, Doylestown, Pennsylvania, the sum of $________ (or specific asset or _____ percent of the remainder of my estate) to be used for its general charitable purposes.”
To find out more about the Legacy Circle or notify the Dementia Society of America about your bequest, please call 1800-DEMENTIA (800-336-3684), or send an email to info@dementiasociety.org.
Download the Declaration of Bequest Intention form here.
RETIREMENT PLAN ASSETS for the Dementia Society of America
Did you know that you can support the Dementia Society of America’s important work by naming it as the partial or sole beneficiary of your IRA, 401(K), 403(B), or other retirement assets?
Why use retirement assets to make a gift?
Since retirement plan assets may be subject to income and estate taxes if left to heirs, estate planners often recommend that you designate all or a portion of the assets to a charitable organization like the Dementia Society of America. By leaving such assets to the Dementia Society of America, you can pass other assets to your heirs, which may lower the tax burden.
How can I name the Dementia Society of America?
You should request a “change of beneficiary” form from your retirement plan administrator. In this form, you can name the Dementia Society of America as the sole or partial beneficiary, or you can name us as a contingent beneficiary in case you are predeceased by your immediate beneficiary.
On the form, list us as:
Dementia Society, Inc. dba Dementia Society of America
PO Box 600
Doylestown, PA 18901
Tax ID # 46-3401769
APPRECIATED ASSETS
Did you know you can support the Dementia Society’s critical mission by donating appreciated assets like stocks, real estate, works of art, etc., to the Dementia Society of America?
Why donate appreciated assets?
By donating an appreciated asset to the Dementia Society of America, you may benefit from an income tax charitable deduction at the current market value and not pay capital gains tax on the asset’s appreciation.
LIFE INSURANCE SETTLEMENT
Did you know? 2.5 million older adults, just like you, every year, will walk away from their life insurance policies with little or nothing to show for all those years of paid premiums. Why? Life has changed, and they may no longer need the benefits, may not be able to afford the payments, or may want to spend the premium money differently, and they do not know there may be a legal option within their rights. But we’re about to share a little-known fact: you can sell it!
To learn more through our life settlement benefit partner, click here.
LIFE INSURANCE for the Dementia Society of America
Did you know that you can support the Dementia Society’s tradition of compassionate programming by naming the Dementia Society as the partial or sole beneficiary of your life insurance policy?
Why life insurance?
By leaving the proceeds of an insurance policy to the Dementia Society of America, the proceeds of the insurance policy will not be subject to estate taxes upon your death. Also, if you transfer ownership of the policy to the Dementia Society during your lifetime, you may qualify for an income tax charitable deduction and you may deduct the cost of future premium payments.
How can I name the Dementia Society of America?
If the policy already exists, you should request a “change of beneficiary” form from the insurance company. You can name the Dementia Society of America as the sole or partial beneficiary or you can name us as a contingent beneficiary in case you are predeceased by your primary beneficiary.
On the form list us as:
Dementia Society of America
PO Box 600
Doylestown, PA 18901
Our IRS tax ID # is: 46-3401769
CHARITABLE TRUSTS
For a personal, confidential discussion of the benefit of charitable trusts to fulfill your intent to leave a legacy for the Dementia Society of America please contact us at 1-800-DEMENTIA.
None of the above information is intended to be tax advice. Please consult your financial advisers for the implications of charitable giving on your estate plans.
Dementia Society, Inc., doing business as Dementia Society of America, is a nonprofit organization incorporated in the Commonwealth of Pennsylvania and registered with the IRS as a nonprofit 501(c)(3). Your contribution is tax-deductible to the fullest extent permitted by law. Please consult your tax advisor. Please view our IRS Determination Letter here.