Bequests, both large and small, have been important to Rochester Hills Public Library since its founding in 1924. A bequest from Eva Parker Woodward was used to build the first library. A second bequest for Grace Curry funded an addition to the first library. The bequest from the estate of Alice Horter went toward books for the children’s collection.
You need a will to direct how your property will be used and distributed after your lifetime. The establishment of a bequest is an easy and convenient way to develop the substantial future support for a collection, program or service that is important to you. A gift to the Rochester Hills Public Library through your will provides several advantages:
- Charitable gifts made through your will are deductible for estate tax purposes.
- A charitable bequest may place your estate in a lower tax bracket.
- You may direct your bequest to a specific department, program or the Library as a whole.
- If you wish to establish a $10,000 endowment fund through your will, you can request that it be named for you or anyone you wish to honor.