Planned Giving
Our Legacy Circle celebrates all who make a commitment to making Temple Emanu-El part of their estate plans. Your gift will make a lasting impact.
You can provide for Temple Emanu-El’s future by making us a beneficiary of any of the following:
- A simple bequest in your will – for a set dollar amount or a percentage of the residual
- All or a portion of your Individual Retirement Account (IRA)
- A new or existing life insurance
- A Charitable Remainder Trust
- A Charitable Gift Annuity
Benefits of Giving
In addition to supporting the mission of Temple Emanu-El, a planned gift can provide you with substantial tax advantages, especially on gifts of stocks and real estate. The total income, estate, and capital gains tax savings and the probate expense savings can come close to the amount transferred. The benefits include:
- Income Tax Deductions
- Reduced Capital Gains Taxes
- Reduced Estate Tax
Special Tax Incentives for Giving
Temple Emanu-El’s legal name is Temple Emanu-El the Reform Temple of the North Shore. The tax identification number: 04-2226197
Bequest Language
A general bequest:
“I give the sum of_______ dollars ($_____) to Temple Emanu-El of Marblehead Massachusetts for general purpose and use.”
A residuary bequest:
“I give _______ percent (___%) of the residue of my estate to Temple Emanu-El of Marblehead Massachusetts for general purpose and use.”
Gift for preferred purpose:
“I give ______________ to Temple Emanu-El of Marblehead Massachusetts, in support of.” It is my wish that this gift be specifically used to support [insert specific priority area such as education or Memorial Park). If it becomes inappropriate or impossible to accomplish the purpose of the gift as described herein, then the board of trustees may designate this bequest to be used for the benefit of a substantially similar purpose.”