Donate from your Retirement or Life Insurance PlanBy including Crag as a beneficiary in your will or living trust, you can leave a lasting legacy of legal aid for the environment for generations to come (and possibly receive tax benefits now). Once you’ve chosen the most appropriate type of bequest for your legacy gift, please supply your attorney or other adviser with the following information: Legal Name: Crag Law Center Address: 917 SW Oak Street, Suite 417, Portland, OR 97205 Federal Tax ID Number: 93-1323758
Specific BequestA specific bequest names a specific dollar amount or property (such as a vehicle, piece of art or home) to be donated or inherited. This is the most popular form of bequest. Gifts of specific properties may be uniquely appropriate bequests both for tax and other reasons. During the administration of an estate, specific bequests are satisfied first. Thus, if the estate cannot support all of the bequests made in a will, recipients of specific bequests are more likely to inherit than other estate beneficiaries.
A percentage bequest sets a specific percentage, e.g., 15% of the value of an estate. A percentage bequest is beneficial, since it allows Crag to participate in any estate growth during your lifetime. This type of planned gift also protects other beneficiaries or heirs should the estate decrease in value.