A charitable bequest is a distribution from your estate to a charity through your last will and testament. There are several types of bequests. For each bequest, you must use specific language to indicate the precise direction of your assets in order to successfully complete your final desires. Please remember to name the recipient properly.
Suggested Language
We have provided below suggested clauses for your use. Other suggested language can be tailored to your needs by your attorney in consultation with the Center for Safer Wireless.
1. Specific
I give, devise and bequeath [identify a specific sum of money or a specific asset] to the Center for Safer Wireless, P.O. Box 166, Haymarket, VA, 20168 to be used for the benefit of the Center for Safer Wireless, P.O. Box 166, Haymarket, VA 20168, in such a manner as the Board of Directors thereof may direct.
2. Residuary
I give, devise and bequeath all [or a portion – for example, fifty percent (50%)] of the rest, residue and remainder of my estate to the Center for Safer Wireless, P.O. Box 166, Haymarket, VA, 20168, to be used for the benefit of the Center for Safer Wireless, P.O. Box 166, Haymarket, VA, 20168, in such a manner as the Board of Directors thereof may direct.
3. Contingent
In the event that [insert name of primary beneficiary] shall not survive me, or shall die ninety (90) days from the date of my death, then I give, devise and bequeath [identify here a specific sum of money, a specific asset or the portion of the residual estate that would have been given to the primary beneficiary] to the Center for Safer Wireless, P.O. Box 166, Haymarket, VA, 20168, to be used for the benefit of the the Center for Safer Wireless, P.O. Box 166, Haymarket, VA, 20168, in such a manner as the Board of Directors thereof may direct.
4. Restricted
I give, devise and bequeath [identify here the specific sum of money, the specific asset or the portion of the residual estate] to the Center for Safer Wireless, P.O. Box 166, Haymarket, VA, 20168, to be used for the benefit the Center for Safer Wireless, P.O. Box 166, Haymarket, VA, 20168, specifically for [describe the primary purpose, such as general operating purposes or a program].
Use general language so that the restriction is not so limited as to prevent the Center for Safer Wireless from applying the money in the most efficient way. If it is determined by the Board of Directors of the Center for Safer Wireless that all or part of the gift is no longer needed, or for any reason cannot be used for the stated purpose, then such portion of the gift may be used for other related purposes, which the Board of Directors deems to be in the best interests of the Center for Safer Wireless, giving consideration to the original purposes described above.