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The value of your bequest to the College is fully deductible for tax purposes. You may also establish an income-producing planned gift for the benefit of others through your will, thereby reducing your taxable estate. A bequest, whether outright or to fund a planned gift, can be a useful and advantageous addition to your estate plan.
COMMUNICATING YOUR WISHES
If you have provided for the College in your estate plans but have not previously notified the College of your intentions, please contact the Foundation Office at 410.462.7754 or bcccfoundation@bccc.edu. Sharing your plans with us allows us to express our gratitude to you during your lifetime, ensures that your wishes will be met, and also assists the College’s long-term planning efforts.
Disclaimer:
The information on this page relating to Gift Planning is intended to provide general information that we hope will be helpful to you in your tax, estate, and charitable planning. It is not intended as legal advice and should not be relied upon as legal advice. Figures, calculations, and tax information are based on federal tax laws, regulations, rulings, and rates applicable at the time such information was prepared. Individual state laws may have an impact on the availability of gift annuities. For advice or assistance with your particular situation, you should consult an attorney or other professional adviser.
