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LEGACY GIFTS
Real Estate
Transforming Realty to Gift Reality
Want to make a gift to the Biblioteca Publica without touching your bank account? Consider giving us real estate, such as a personal residence, vacation home or undeveloped land. Such a generous gift helps us continue our work for years to come. And a gift of real estate also helps you. When you give the Biblioteca Publica appreciated property you have held longer than one year, you qualify for a federal income tax charitable deduction, and you may minimize or eliminate capital gains tax. And you no longer have to deal with that property’s maintenance costs, property taxes or insurance.
Another benefit: You don’t have to hassle with selling the real estate. You can deed the property directly to the Biblioteca Publica or ask your attorney to add a few sentences in your will.
The Biblioteca Publica de San Miguel de Allende cannot provide individual financial or legal advice as each individual person’s situation may vary. Individuals should check with their accountants and lawyers before using sample documents we provide.
Please contact us to discuss questions or the specifics of your designation at donate@labibliotecapublica.org.
Click here to see sample language for bequest language you can easily provide to your estate planner
Bequest Language
The Biblioteca Publica provides basic bequest language to assist you and your attorney. The Biblioteca Publica de San Miguel de Allende cannot provide individual financial or legal advice as each individual person’s situation may vary. Individuals should check with their accountants and lawyers before using sample documents we provide.
Please contact us to discuss questions or the specifics of your designation at recaudaciones@labibliotecapublica.org.
Our US Legal Name: Funds for the Biblioteca Publica Inc, aka Biblioteca Publica de San Miguel de Allende AC.
Federal Tax ID EIN: 68-0399326
Below is suggested language to use when drafting your bequest.
Bequest of a Specific Dollar Amount
“I hereby give, devise and bequeath [$ dollars] to Funds for the Biblioteca Publica Inc, a nonprofit, tax-exempt California corporation, for the benefit of The Biblioteca Publica and its general use to be determined by the current Board of Directors and Executive Director.”
Bequest of Percentage of an Estate
“I hereby give, devise and bequeath [percentage] of my estate to Funds for the Biblioteca Publica Inc, a nonprofit, tax-exempt California corporation, for the benefit of the Biblioteca Publica and its general use to be determined by the current Board of Directors and Executive Director.”
