Sample Bequest Language?

Do you have a client who is interested in setting up a bequest with Montgomery County Community Foundation?  To help get you started, below you will find three ways to consider setting up this provision.  This language is provided as an example and should be reviewed by your professional advisor.

Specific Bequest:

I give $ ____ to the Montgomery County Community Foundation (EIN 76-0082098). This gift shall be added to, or used to establish, the [name of] Fund”. [You may also replace the prior sentence with the following: “This gift is to be used in a such a manner as the Board of Trustees of the Montgomery County Community Foundation determines.”]

Percentage Bequest:

I give ____ % of my estate to the Montgomery County Community Foundation (EIN 76-0082098). This gift shall be added to, or used to establish, the [name of] Fund.” [You may also replace the prior sentence with the following: “This gift is to be used in a such a manner as the Board of Trustees of the Montgomery County Community Foundation determines.”]

Contingent Bequest:

In the event that [name of wife, son, brother, sibling, etc.] shall not survive me, then I give the same to the Montgomery County Community Foundation, a Texas nonprofit corporation (EIN 76- 0082098), This gift shall be added to, or used to establish, the [name of] Fund.” [You may also replace the prior sentence with the following: “This gift is to be used in a such a manner as the Board of Trustees of the Montgomery County Community Foundation determines.”]