Bequests

Your bequest will qualify your estate for a charitable deduction equal to the entire amount of the bequest.


Bequest

Testamentary gifts

  • Cash Bequest- NMIC receives a specific dollar amount
  • Specific Bequest or Devise of Property- NMIC receives specified assets, such as securities or an interest in real estate.
  • Donating to NMIC eliminates both income and estate taxes. Note that designating a specific dollar amount, instead of a specified percentage, will result in the inclusion of these funds in your gross estate for tax purposes.


    For more information, please contact:

    Bill Fink

    Phone: 212-822-8300 x368

    Email: billfink@nmic.org.   


    Please be sure to consult your attorney and/or tax advisor when setting up a charitable bequest.