-Donate in honor or memory of a loved one
-Include the Altamont Free Library in your will or trust
-Volunteer for the Library
-Support our Gala
- Encourages reading and a lifelong love of learning
- A place that connects you with the world
- And creates and sustains our community.
Make a monthly donation as a Community Partner. I will make arrangements with my bank.
Honor someone special or memorialize someone with your gift. The Library will send a special notification card as appropriate.
The following examples illustrate a variety of bequest techniques. You should consult an attorney to adapt this language to your individual circumstances as part of your overall estate plan.
A specific bequest is a gift of a particular dollar amount or a particular piece of property.
“I bequeath [dollar amount or description of property] to the Altamont Free Library, a nonprofit corporation whose address is PO Box 662 Altamont, NY 12009.
A residuary bequest is a gift of all or part of the property remaining in your estate after debts, expenses, and specific bequests have been paid. When you use a percentage instead of a specific amount, your gift will stay relatively the same in proportion to your entire estate, regardless of unexpected increases or decreases in its value.
“I give, bequeath, and devise [all, or ___percent of] the rest, residue, and remainder of the property, both real and personal, wherever situated, which I may own or be entitled to at my death, to the Altamont Free Library, a nonprofit corporation whose address is PO Box 662 Altamont, NY 12009
A contingent bequest is a gift that takes effect only if the primary beneficiary or beneficiaries of the bequest predecease you.
“If neither my spouse nor any descendant of mine survives me, then I give, bequeath, and devise all the rest, residue, and remainder of the property, both real and personal, wherever situated, which I may own or be entitled to at my death, to the Friends of the Altamont Free Library, a nonprofit corporation whose address is PO Box 662 Altamont, NY 12009.
As in the examples provided above, the Library’s full legal name is the Altamont Free Library. The Friends legal address is PO Box 662 Altamont, NY 12009. Our Federal Tax Identification Number (TIN) is 14-1437459.
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