Charitable Bequest

What is a Charitable Bequest

A charitable bequest is a gift that is part of a will or trust that combines philanthropy and tax benefits. A bequest through a will is the most straightforward way because you can designate stocks, bonds, or real estate to this non-profit through your will or revocable trust. You could even name Snowbird as a contingent beneficiary—a person or entity that will receive assets from the estate in the event the primary beneficiary cannot do so.

How A Charitable Bequest Works

  • Give instructions typically through a will, to give through a charitable bequest. 
  •  You can detail different types of bequests and update it throughout life as your family and priorities change. 
  • To pass on property and bequests, your will must first be probated and validated. 


Thrivent Financial

As you explore your planned giving options, you should meet with a financial advisor who can help you weigh the pros and cons of different approaches. If you don’t already have an advisor, we often connect legacy donors with the team at Thrivent to discuss their wisest options. With a clear picture of your finances (and the broad range of solutions available), you’ll be well-positioned to make an informed decision.

Thrivent is a holistic financial service organization that provides financial advice, investments, insurance, banking and generosity programs to help clients make the most of resources they’ve been given.