You can include the Lansing Community College Foundation in your will or trust, including living trusts and charitable remainder trusts. A gift included in your will or living trust can establish a lasting legacy.
You may prefer to state in your will or trust a sum of money, a percentage of your estate, a specific item, a work of art, or real estate that you wish to give to LCC.
Whatever form of bequest you choose, it is not subject to estate or inheritance taxes and so significantly reduces the tax burden of an estate. The value of the bequest may be deducted when the taxable estate is determined, and there is no limit to the deduction.
We recommend these provisions be discussed with your attorney and tax advisor.
Phone: (517) 483-1985
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