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You may have planned your estate through a revocable trust instead of a will. A transfer to Fern Ridge Library Foundation from your trust will bring you the same tax and planning benefits as a bequest from a will. A bequest can deliver a specific dollar amount, or a percentage of the balance remaining in your estate after taxes and specific bequests have been paid. Your bequest or trust distribution to us will reduce the taxable value of your estate for federal estate tax purposes, and is exempt from state inheritance taxes. Suggested Text for a Bequest: "I bequeth Ten Percent (10%) of the residue of my estate to Fern Ridge Library Foundation, an Oregon non-profit corporation located in Veneta, OR." To learn more about bequests, email us, complete the personal illustration form, or call us at (541) 683-5701, Ext. 3212 so that we can assist you.
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A gift to Fern Ridge Library Foundation in your will or revocable trust proclaims your confidence that we will continue to pursue our mission and make a difference for future generations. A bequest is easy to arrange, does not affect your assets or cash flow during your lifetime, and is revocable.