Your Legacy

At some point in life, we all need to put documents in place that explain how our possessions and assets will be distributed. A will or trust provides that roadmap. More than that, it reflects your priorities, relationships, and values.

Including a gift to the Orchestra in your will or trust is a meaningful way to express those values and help ensure your impact continues for generations to come.

Why Give This Way?

A bequest to the Orchestra offers several important advantages:

  •  Flexible. You keep full control of your assets during your lifetime.
  •  Easy. Add a gift with a simple amendment.
  •  Changeable. Revise or revoke your gift anytime.
  •  Tax-Smart. Your gift may qualify for an estate tax deduction.
Gift Options

There are several ways to structure a gift in your will or trust, depending on your goals:

  •  General: A specific dollar amount
  •  Specific: A particular asset
  •  Residual: A portion of what remains after other distributions
  •  Contingent: A gift made under certain conditions
  •  Unrestricted: Used where the need is greatest
  •  Restricted: Designated for a specific purpose (please contact us first)
 
Sample Language

“I give to The Philadelphia Orchestra Association, 300 South Broad Street, Philadelphia, PA 19102, a Pennsylvania nonprofit corporation, or its successor, Federal Tax Identification Number 23-1352289 [insert here the exact dollar amount].”

“I give to The Philadelphia Orchestra Association, 300 South Broad Street, Philadelphia, PA 19102, a Pennsylvania nonprofit corporation, or its successor, Federal Tax Identification Number 23-1352289, [insert here a description of the particular property].”

Next steps

Contact a qualified estate planning attorney to set up a will or add an amendment to an established will for the Orchestra.