Leave a Legacy
How you will be remembered? Learn how a donation may fit into your retirement or estate planning. Planned gifts can fund powerful NTM disease research. One patient named NTM Info & Research as a beneficiary in her will; that legacy gift funded a research project.
A bequest is an easy and often-used way to make a charitable gift through your Last Will and Testament. Bequests are particularly suited to people who cannot make a gift outright, but would like to help NTMir in its mission in the future. A bequest can be as simple as the following:
“I bequeath to NTM Info & Research, Inc., located at 1550 Madruga Avenue, Suite 230, Coral Gables, Florida 33146 (federal taxpayer ID 20-0156638) the sum of $______ or ________% of my residuary estate (or an accurate description of the property given) as an unrestricted bequest to be used for NTMir’s stated mission to save and improve lives by promoting research, early detection, and education, as well as improved treatment programs for people diagnosed with pulmonary nontuberculous mycobacterial (NTM) disease.
To ensure that your insurance donation qualifies as a gift, the ownership of whole life, endowment or certain universal life insurance policies must be transferred to NTMir with NTM Info & Research, Inc. also named as the irrevocable beneficiary of the policy.
Some assets, such as IRA, Keogh, 401(k), and 403(b), are not transferred through a will. Often, a retirement plan is a subject to estate and income tax when transferred to a beneficiary. Therefore, naming NTM Info & Research, Inc. as the beneficiary of your retirement plan may be financially advantageous. Usually all that is required is that you name NTMir on the beneficiary line when you sign up for your retirement plan or a modification of an existing plan with your plan administrator.
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