Bequest
Making a specific bequest or leaving a percentage of your estate to Boys and Girls Homes through your Last Will & Testament is likely the most common planned gift, and is the easiest to arrange. Combining all your assets and property allows for more flexibility in leaving either a fixed dollar amount to your family, friends, or B&GH, or a specific percentage of your estate to be divided among a named list. It is not uncommon to leave specific bequests to family members and the remainder of the estate divided equally among a variety of charitable organizations.
Some factors to consider when exploring a charitable bequest through your will are:
- Assets you own
- Family considerations
- Number of charitable priorities
Here is sample language that can be used to leave a bequest or remainder gift in your will.
Fixed Amount:
I give, devise and bequeath the sum of $______ to Boys and Girls Homes of North Carolina, Inc., P.O. Box 127, Lake Waccamaw, NC 28450 to be used for its general charitable purpose.
Specific Property:
I give, devise and bequeath _______________________ to Boys and Girls Homes of North Carolina, Inc., P.O. Box 127, Lake Waccamaw, NC 28450 to be used for its general charitable purpose.
Percentage of Remainder:
I give, devise and bequeath ____% of the remainder of my estate to Boys and Girls Homes of North Carolina, Inc., P.O. Box 127, Lake Waccamaw, NC 28450 to be used for its general charitable purpose.
Contingency:
In the event _________________________ does not survive me, I give _____________________ to Boys and Girls Homes of North Carolina, Inc., P.O. Box 127, Lake Waccamaw, NC 28450 to be used for its general charitable purpose.
