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Erowid Donations : Estate Planning

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href="mailto:donations@erowid.org">donations&#64;erowid.org</a></div> </div><!-- end hover-links --> <div class="side-link2"> Erowid Center<br/> PO Box 1116<br/> Grass Valley CA 95945<br/><br/> A 501(c)(3) Non-Profit<br/> Tax ID: 20-3256212 </div> </div><!-- end sidenav-misc --> <table width="175" cellpadding="0" cellspacing="0"><tr><td align="center"> <a href="/donations/membership.php"><img src="/donations/images/cc_visa.jpg" width="49" height="32" border="0" alt="Visa" ></a> <a href="/donations/membership.php"><img src="/donations/images/cc_mastercard.jpg" width="52" height="32" border="0" alt="MC" ></a> <a href="/donations/membership.php"><img src="/donations/images/cc_discover.jpg" width="51" height="32" border="0" alt="Discover" ></a><br/> <a href="/donations/donations_paypal.php"><img src="/donations/images/paypal.gif" width="65" height="29" border="0" alt="Paypal"></a> <a href="/donations/cryptocurrency"><img src="/donations/images/logo_bitcoin_small.png" width="27" height="27" 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============================================================================== --> <!-- ======= RIGHT NAVIGATION BAR (END) ============================================= --> <div id="content-outer-frame"> <!-- - - - begin message - - - --> <div id="content-messpath-frame"> <div id="path"><!-- Directory: /donations/ - File: donations_estate_planning.php <br/> --> <div class="path-chunk"><a href="/donations/">DONATIONS</a></div></div> </div><!-- end content-messpath-frame --> <!-- - - - end message - - - --> <div id="content-body-frame"> <!-- - - - - - - - - - - - - - - - - E N D H E A D E R - - - - - - - - - - - - - - - - - - --> <!-- page version : using /www/erowid.org/donations/versions/current/body_ --> <!-- PageVersion_c::getPageContent using /www/erowid.org/donations/versions/body_donations_estate_planning.php --> <style> .description { font: 500 10.5pt arial,sans-serif; } .h10 { font: 700 11pt arial,sans-serif; } .h9 { font: 700 10pt arial,sans-serif; } .info { font: 500 10pt arial,sans-serif; } .col1 { width: 95px; font: 700 10pt arial,sans-serif; } </style> <div class="title-section"> <div class="ts-title">Estate Planning</div> <div class="ts-title-sub"></div> </div><!-- end title-section --> <div class="content-section"> <div class="description"> "Estate planning" is documenting what you want to have happen to your assets after you die. When you name Erowid Center to receive a bequest or other gift through your estate plans, you have a lasting impact on the future of public, accessible drug information. Whether you have the ability to make a substantial bequest or simply a small donation, it's easy to include Erowid Center in your estate planning.<br/><br/> <div class="h10">Bequest Options</div> You can include language in your will specifying that a gift be made to Erowid Center. We recommend that you work with an advisor, but a basic bequest is relatively simple. There are several options:<br/><br/> <div class="h9">1. Gift a percentage of your estate.</div> The value of your estate will change over time, so bequeathing (bequesting) a percentage of your estate will adjust automatically for future circumstances. For example, "I leave 10% of my estate to Erowid Center".<br/><br/> <div class="h9">2. Gift a specific dollar amount.</div> For example, "I leave $5,000 to Erowid Center." The value of all of your assets combined need to be sufficient to cover the gift amount.<br/><br/> <div class="h9">3. Make a "second-to-die" bequest.</div> In this case, you leave your estate to your surviving partner. However, if your partner were to die first, your will specifies how your estate will be divided. For example, "If my partner survives me, then I leave my entire estate to my partner. If my partner does not survive me, then I bequest my estate as follows..." <br/><br/> <div class="h9">4. Gift an object, collection, or asset (books, collectables, or objects of historical value).</div> Simply specify in your will that, for example, "I leave my collection of books related to psychoactive drugs to Erowid Center." Or "I leave my collection of Huichol yarn art to Erowid Center."<br/><br/> <div class="h9">5. Bequeath (setup bequest) through your retirement plan or life insurance.</div> Most IRA's, 401(k)s or other qualified retirement plans allow you to designate a beneficiary, as do life insurance policies. If you die with a balance remaining, it is passed to your designated beneficiaries. You can designate that Erowid Center receive all or a percentage of the balance. Request a beneficiary designation form from your financial institution or insurer.<br/><br/> </ul> Along with details of what you are bequeathing, your will should include the following information.<br/><br/> <table cellpadding="2" cellspacing="0" border="0" class="info"> <tr><td class="col1">Organization:</td><td>Erowid Center</td></tr> <tr><td class="col1">Tax ID / EIN:</td><td>20-3256212</td></tr> <tr><td class="col1">Org Type:</td><td>501(c)(3)b1a6 - Tax Deductible Public Charity (publicly supported)</td></tr> <tr><td class="col1">Address:</td><td>PO Box 1116</td></tr> <tr><td></td><td>Grass Valley CA 95945</td></tr> <tr><td></td><td>USA</td></tr> <tr><td></td><td></td></tr> <tr><td class="col1">Email:</td><td>donations@erowid.org</td></tr> </table><br/><br/> If you add Erowid Center to your will, please let us know! If you need additional details or assistance from us, don't hesitate to ask.<br/><br/><br/> </div><!-- end description --> </div><!-- end content-section --> <!-- retreive content from Versions subdirectory --> <!-- - - - - - - - - - - - - - - - - B E G I N F O O T E R - - - - - - - - - - - - - - - - - - - - - - - - - --> </div><!-- end content-body-frame--></div><!-- end content-outer-frame--> <div id="footer-frame"> <div class="footer-backto"> [ <a href="/donations/">back to donations</a> ]</div><!--end footer-backto--> <table border="0" cellpadding="0" cellspacing="0" width="100%"><tr> <td width="10" background="/includes/headers/images/bar_solid_footer.gif">&nbsp;</td> <td width="140" background="/includes/headers/images/bar_solid_footer.gif" valign="top"> <table border="0" cellpadding="2" cellspacing="0" width="140"><tr> <td valign="top" id="footer-menu"><script language="JavaScript">PlaceMenu("footer")</script></td> </tr></table> </td> <td align="center"> <table border="0" cellpadding="2" cellspacing="0" width="100%" background="/includes/headers/images/bar_solid_footer.gif" height="22"><tr> <td align="center"><div class="footer1">Created by Erowid - Feb 18, 2014</div></td> </tr></table> </td> <td width="10" background="/includes/headers/images/bar_solid_footer.gif">&nbsp;</td> <td width="140" background="/includes/headers/images/bar_solid_footer.gif" align="right"><div class="footer2">Modified&nbsp;-&nbsp;Jun 8, 2021</div></td> </tr></table> <div class="footer-copyright">Content &amp; design &copy; 1995-2023 Erowid.org. 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