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 I give, devise and bequeath % of the
Remainder: 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.