Planned gifts, which include bequests, trusts, gifts of life insurance and annuities, may carry many tax advantages.
The easiest planned gift is a simple bequest or living trust. Each helps to ensure that, in years to come, the World Union for Progressive Judaism will be able to continue its vital mission of supporting modern, pluralistic congregations and institutions, developing Jewish communal and youth leadership and advancing social justice.
Other options include making a specific bequest to the World Union of cash, securities or other property; bequeathing the World Union all or a portion of your residuary estate or making the World Union a contingent beneficiary or a remainder beneficiary. We encourage you to speak with your family and financial advisor about your plans.
The following is sample bequest language that you may wish to use:
A general bequest:
“I give (________ dollars), (a specific asset) or (______ percent of the rest, residue, and remainder of my estate) to the World Union for Progressive Judaism (WUPJ) for its general purposes.”
A bequest for a designated purpose:
“I give (_______ dollars) (a specific asset) or (_____ percent of the rest, residue, and remainder of my estate) to the World Union for Progressive Judaism (WUPJ) to be used for the following purpose: (for example: International Reform youth activities, Progressive Judaism in Israel or the former Soviet Union, leadership development).”
As with most organizations, the World Union’s activities may change over the years, and we must be able to respond to the emerging needs of our Progressive movement communities and congregations. To ensure that your bequest may be used most effectively, we encourage you to include the following language in your will:
“If at any time in the judgment of the World Union for Progressive Judaism it is impossible or impractical to carry out exactly the designated purpose, the World Union shall determine an alternative purpose as near as possible to the designated purpose.”
For further information about ways of contributing to the World Union for Progressive Judaism, contact our development office in New York at 212-452-6530 or e-mail us at [email protected].