Bequests

Bequests

Through a bequest in your will or trust, you can create a lasting legacy and reduce the taxes on your estate at the same time.  You may make a gift to the Jewish Federation of Greater Chattanooga, continuing to support an organization that has been meaningful to you during your lifetime, without giving up the enjoyment of your assets now.  Another benefit of a charitable bequest is that it removes assets from your estate, potentially reducing any estate tax liability. Your bequest may include a gift of cash, securities, real estate, or personal property.

A bequest from your estate may detail not only how much will be left to the Jewish Federation, but for what purpose the gift is being made.  It may also be given in honor or memory of a loved one and may perpetuate that person’s name.