A bequest is sometimes also called a legacy. You can bequeath to
- leave a specific amount of money
- leave a nominated percentage of money
- leave a specific gift like property or valuable possessions
*General bequest language:
“I give, devise, and bequeath to NAME OF CHARITY/LOCATION, the sum of $_______ (or a description of the specific asset), for the benefit of NAME OF CHARITY and its general purposes.”
*Specific bequest language:
“I give, devise, and bequeath to NAME OF CHARITY/LOCATION, the sum of $_______ (or a description of a specific asset), for the benefit of NAME OF CHARITY to be used for the following purpose: (state the purpose). If at any time in the judgment of the trustees of NAME OF CHARITY it is impossible or impracticable to carry out exactly the designated purpose, they shall determine an alternative purpose closest to the designated purpose.”
*Source: http://www.leavealegacy.org/how_give.asp
It is not difficult to write a bequest on your own, but we do recommend that you seek legal advice when making a will.
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