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Wills, Trust and Life Insurance |
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Bequests are donations that are made through a will or a living trust.
You can donate to Military Missions in Actions (MMIA) through your
estate planning by naming MMIA in your will for a specific amount or a
percentage share of your estate. Another option is to name MMIA as the
beneficiary of your estate after the payment of bequests to others. The
process is very simple for most bequests. You can refer to MMIA
“Bequests Sample Language” (below) for suggested wording. As always, we
suggest consulting a legal advisor when drafting a will.
Another way to donate to MMIA is to name our organization as the
beneficiary of an existing or new life insurance policy. This is a
low-cost option, and your premium payments may be tax-deductible. MMIA
must be named as the owner and beneficiary of the insurance policy for
it to be tax-deductible.
If you have any questions, please contact us at (919) 552-1603 or you
may contact Mike Dorman, Executive Director at
mdorman@militarymissionsinaction.org
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Bequests Sample Language
The following are suggested forms for bequests that may
be used by an attorney or other individual when writing
a bequest to Military Missions in Action (MMIA).
An Unrestricted Gift
"I give and bequeath to Military Missions in Action (MMIA),
a 501(c)(3) nonprofit corporation headquartered in
Fuquay-Varina, North Carolina, the sum of $ (or % of my
estate; or the property described herein) for its
general purposes.”
A Restricted Gift
(Military Missions in Action requires a minimum gift of
$10,000 for a restricted
bequest)
“I give and bequeath to Military Missions in Action, a
501(c)(3) nonprofit corporation
headquartered in Fuquay-Varina, North Carolina, the sum
of $ (or % of my estate) to be used for (specify
purpose). If in the opinion of the Board of Directors of
Military Missions in Action, the income or principal
cannot be used for the purposes described herein, they
may use the principal or income or both for a different
but related purpose which best serves the intent of the
bequest.”
NOTE of IMPORTANCE: MMIA strongly encourages you
to consult with your legal advisors in the drafting of
your will. The above information is to serve only as a
guideline and not as a substitute for professional legal
counsel. Your legal counsel can advise you on the most
appropriate way to remember MMIA in your will.
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MILITARY MISSIONS IN
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