Bequests
If you decide to leave assets from your estate to New Beginnings Incorporation by provision in your will, or a codicil to your will, this is a bequest. You can bequeath a specific amount of money, a percentage of your estate, or specific property. Your estate will receive a charitable estate tax deduction at your death, when the gift is actually made. A bequest enables you to make a significant gift to NBI while retaining full control of your assets throughout your life and can reduce your estate taxes.