Many of our supporters have chosen to include Lambda Legal in their will as a way of making a meaningful impact on the fight for equality without having to give up crucial assets needed during their lifetimes.
A charitable bequest to Lambda Legal made in your will can take many forms. You can make a bequest to Lambda Legal by designating a specific sum of money or property/real estate, a percentage of your estate, or the remainder of your estate after other beneficiaries receive the portion you designate. Through a contingent bequest, you can make Lambda Legal the beneficiary of your estate if your partner or other beneficiary passes away before you. You can also create a charitable trust through your will that will benefit individuals you choose during their lifetimes with the remainder after they die passing to Lambda Legal.
While you receive no immediate tax benefits from a bequest to Lambda Legal, every dollar contributed is deductible for estate tax purposes, relieving your partner and loved ones of added estate tax burdens.