Saturday, April 11, 2009

Innovative Ways to Donate to YOUR Museum:

Over the next few blogs, I’ll be reiterating some of the creative ideas that have appeared in our Musings about donating to the Museum.

Insurance is one way – perhaps you don’t need all the insurance you have. This may serve as a contribution to us by simply making the Museum of Bus Transportation the owner of the policy. The benefits to you and the Museum are:

Museum as Owner:
– Receive a charitable deduction when you name us as beneficiary and owner.
– Reduce your estate taxes because proceeds are removed from your estate.

Museum as Beneficiary:
– Obtain flexibility by naming us beneficiary but keeping ownership.
– Name us as contingent beneficiary and secure your family’s needs first.

As with last week–because tomorrow is Easter–I will not be blogging. Hope you all have a Happy Easter or Happy Passover.


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