Including the Intrepid Sea, Air & Space Museum in your will or living trust is the most common form of planned gift. Such a gift requires the assistance of an attorney to draft a codicil (for a will) or amendment (for a living trust) or to write a new will or living trust. Although wills and living trusts are generally revocable documents, by informing us of your intentions, you can be recognized as a Legacy Society member, for the full amount. Sample bequest language: I hereby give, devise and bequeath to the Intrepid Museum Foundation, located at 46th Street and 12th Avenue, New York, NY, $_____ (specific dollar amount) or _____ percent of my residuary estate, to be used for general purposes or to support _______ (artifact or program).

By naming the Intrepid Museum as a beneficiary of your IRA, pension plan or other retirement assets, you are creating a revocable commitment to the Intrepid Museum. This is a tax-wise form of giving, as funds designated in this manner are not subject to income tax after your passing. While estate taxes may or may not be a concern for you, all IRA, pension plan and pre-tax retirement assets are subject to income tax when distributed unless a nonprofit institution such as the Intrepid Museum is named beneficiary of some or all of the funds. Changing a beneficiary designation requires filing a new beneficiary designation form. As with bequests, you can be recognized as a Legacy Society member by simply informing us of your intentions.