Briggs S. Cunningham Legacy Society members have designated the Center’s endowment fund and/or collection as one of the beneficiaries of their estate, and was created by the Center’s Govern ing Council in honor of noted racer and sportsman Briggs Cunningham and his family.
Gifts may include financial bequests, significant automobiles, recognized photography collections and/or the records and memorabilia of notable drivers. Depending on the size and structure of your estate, your IRA accounts may be subject to both income and estate taxes. Designating the Center as an IRA beneficiary may be a tax-effective estate planning strategy as well.
Membership in the Briggs Cunningham Legacy Society, established in honor of one of America’s most noted racers and sportsmen, may be obtained in one of these ways:
- By execution of a formal Pledge Commitment and Agreement making your gift an irrevocable legal obligation of your estate. This method has the advantage to the International Motor Racing Research Center of certainty of both the designation and the amount of your legacy.
- By simply adding the International Motor Racing Research Center as a beneficiary of your estate and notifying us in writing of your intent to do so. The amount of your intended gift may or may not be specified. This alternative is an agreement in principle, but is not legally binding, in that you may modify your estate beneficiary designations at any time.