Your will affirms, honors, and protects what matters most in your life – your loved ones, your principles, your values.
Through your estate planning, you can help ensure book and comic sellers thrive so our communities continue to be enriched by having these local shops for generations to come. Including the Binc Foundation in your will is one of the most meaningful and generous gifts you can make.
Why include the Binc Foundation in your estate plans?
The Binc Foundation leads the way as the only organization that helps book and comic employees, owners, and stores in times of crisis. Since 1996, Binc has provided financial assistance to booksellers and their families in times of hardship, keeping booksellers in their jobs doing what they love, putting the right books into the hands of their community members.
What your will means to you.
Beyond providing for your loved ones, your will can be a tribute to the principles and values you have lived. Creating a will is the single most important step you can take to ensure your wishes will be carried out and is the best way to establish a legacy for the organizations whose work is closest to your heart.
Remembering the Binc Foundation in your will with a bequest is the most common way to plan a future gift.
You may arrange for Binc to receive:
- A specific dollar amount
- Specific assets like securities
You can also make special beneficiary designations:
- On your IRA, 401K, banking or brokerage accounts
- Life insurance policies
Your lawyer or advisor can help arrange a bequest to the Binc Foundation, but here is some basic information to note for your planning:
Legal Name: Book Industry Charitable Foundation
Address: 3135 S. State Street, Suite 203, Ann Arbor, MI
Tax ID#: 38-3279018
Here are two samples, showing the kind of language or your advisor might use:
I give, bequest, and devise (dollar amount) to the Binc Foundation or its successor, now or formerly in the city of Ann Arbor, MI, 3135 S. State Street, Suite 203, to be used for its general purposes.
I give, bequest, 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 Binc Foundation of Ann Arbor, MI, 3135 S. State Street, Suite 203, to be used for its general purposes.