| Yes the above statement is correct. You can leave in your last bequest items or contributions to the ELDCPS. Our Society is a Non Profit 501(c)3 which means you are allowed to leave charitable contributions from your estate to our organization. ELDCPS will accept cash, railroad related items or items with prior permission of the officers. The ELDCPS can even be a beneficiary on a life insurance policy. For questions regarding this giving technique please contact: Joel
E. Long, Treasurer ELDCPS This is not intended to be legal, accounting, or other professional
advice. For assistance in planning charitable gifts with tax and other
financial implications, the services of appropriate advisors should be
obtained. Consult an attorney for advice if your plans require revisions
of a Will or other legal documents. Tax deductions vary based on applicable
federal discount rates, which can change on a monthly basis. Some opportunities
by not be available in all states. |