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    Carondelet High School Sample Bequest Language

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    This document provides sample bequest language that can be used when making a gift to Carondelet High School through an estate plan. It offers examples for making an outright bequest of a specific dollar amount, property, or share of the estate, or a conditional bequest. It also addresses inserting a restriction on the use of the gift and including language to allow flexibility if the specified purpose becomes impossible. Contact information is provided for the Director of Development for any additional questions.

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    Carondelet High School Sample Bequest Language

    Uploaded by

    api-25953150
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    This document provides sample bequest language that can be used when making a gift to Carondelet High School through an estate plan. It offers examples for making an outright bequest of a specific dollar amount, property, or share of the estate, or a conditional bequest. It also addresses inserting a restriction on the use of the gift and including language to allow flexibility if the specified purpose becomes impossible. Contact information is provided for the Director of Development for any additional questions.

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    This document provides sample bequest language that can be used when making a gift to Carondelet High School through an estate plan. It offers examples for making an outright bequest of a specific dollar amount, property, or share of the estate, or a conditional bequest. It also addresses inserting a restriction on the use of the gift and including language to allow flexibility if the specified purpose becomes impossible. Contact information is provided for the Director of Development for any additional questions.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    181 views2 pages

    Carondelet High School Sample Bequest Language

    Uploaded by

    api-25953150
    This document provides sample bequest language that can be used when making a gift to Carondelet High School through an estate plan. It offers examples for making an outright bequest of a specific dollar amount, property, or share of the estate, or a conditional bequest. It also addresses inserting a restriction on the use of the gift and including language to allow flexibility if the specified purpose becomes impossible. Contact information is provided for the Director of Development for any additional questions.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 2

    Carondelet High School

    Sample Bequest Language

    Thank you for your interest in providing for Carondelet High School in your estate plan.
    Below are some examples of bequest language you might use. Before inserting such
    language into your will or estate planning documents, you should seek the advice of your
    estate planning attorney.

    1. Outright bequest in will


    (a) Specific dollar amount:
    "I bequeath the sum of $ ______ to Carondelet High School, Concord, CA
    94518, to be used or disposed of as its Board of Directors in its sole discretion
    deems appropriate."

    (b) Specific property (personal property):


    "I bequeath <DESCRIPTION OF PROPERTY> to Carondelet High School,
    Concord, CA 94518, to be used or disposed of as its Board of Directors in its
    sole discretion deems appropriate."

    (c) Specific property (real estate):


    "I devise all of my right, title and interest in and to the real estate located at
    <DESCRIPTION OF PROPERTY> to Carondelet High School, Concord, CA
    94518, to be used or disposed of as its Board of Directors in its sole discretion
    deems appropriate."

    (d) Share of, or entire residue, of estate:


    "I devise and bequeath (all/or ____ %) of the remainder of my property to
    Carondelet High School, Concord, CA 94518, to be used or disposed of as its
    Board of Directors in its sole discretion deems appropriate."

    2. Conditional bequest in will


    Insert the conditional language in one or more of the above provisions. For example:
    "If my husband/wife does not survive me, I bequeath the sum of $ ______ to
    Carondelet High School, Concord, CA 94518 to be used or disposed of as its
    Board of Directors in its sole discretion deems appropriate."

    If the gift to Carondelet High School is for a purpose other than Carondelet High
    School‘s unrestricted use, insert the restriction in place of the words "to be used or
    disposed of as its Board of Directors in its sole discretion deems appropriate." For
    example:
    "I bequeath the sum of $ ______ to Carondelet High School, Concord, CA
    94518, for the following use and purpose: <DESCRIPTION OF PURPOSE>."

    In the event of a gift subject to a restriction, we suggest including one of the following
    provisions:
    "However, I impose no legal or equitable obligation in this regard."
    OR
    "If in the judgment of the Board of Directors of Carondelet High School, it
    becomes impossible to accomplish the purposes of this gift, the income or
    principal may be used for such related purposes and in such manner as
    determined by its Board of Directors."

    For further information please contact:


    Patricia L. Larsen, Director of Development
    Carondelet High School
    1133 Winton Drive, Concord, CA 94518
    Telephone: 925-686-5353 ext. 150
    Email: [email protected]

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