Sample Bequest LanguageGENERAL BEQUESTS - DOLLAR AMOUNT
“I give, devise and bequeath the sum of ____ Dollars ($) to the St. Charles County Historical Society, a Missouri nonprofit located in St. Charles, MO, to be used for its general purposes.”
GENERAL BEQUEST - PERCENTAGE OF GROSS ESTATE
“I give, devise and bequeath ____ percent (%) of my gross estate to the St. Charles County Historical Society, a Missouri nonprofit located in St. Charles, MO, to be used for its general purposes.”
GENERAL BEQUEST - RESIDUAL ESTATE
“I give, devise and bequeath all of the rest, residue and remainder of my estate to the St. Charles County Historical Society, a Missouri nonprofit located in St. Charles, MO, to be used for its general purposes.”
SPECIFIC PURPOSE BEQUEST
“I give, devise and bequeath (a specific asset) or (the sum of $) or (% of the rest, residue, and remainder of my estate) to the St. Charles County Historical Society, a Missouri nonprofit located in St. Charles, MO, to be used for the following purposes:”
The St. Charles County Historical Society requests that donors or their attorneys contact the St. Charles County Historical Society Board President to discuss options for giving for one or more specific purposes. The St. Charles County Historical Society’s programs and activities may change over time, in response to budgetary restrictions or to accommodate new opportunities. Therefore, whenever you indicate a particular purpose for your bequest, it is advisable to grant the St. Charles Historical Society the authority to respond to changing needs. You may do this by including the following language with your bequest: If at any time in the judgment of the St. Charles County Historical Society Board of Directors, it is impossible or impracticable to carry out exactly the designated purpose, the St. Charles County Historical Society Board of Directors shall determine an alternative purpose as near as possible to the designated purpose.
CONTINGENT BENEFICIARY PROVISION
“In the event that my spouse and children pass away prior to the distribution of my estate without leaving surviving issue, then, in that event, the undistributed corpus of my estate should be distributed to the St. Charles County Historical Society, a Missouri nonprofit located in St. Charles, MO, to be used for its general purposes.”
The sample language provided above does not constitute legal advice and should not be relied on as such. Rather, it is intended to provide you a variety of options as you consider making a bequest to the St. Charles County Historical Society. The St. Charles County Historical Society would be happy to consult with you and your estate planning attorney should you have any questions about options in making bequests to the St. Charles County Historical Society.
THANK YOU.
|