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Bequest Language

pdficon_large.gif Printable Bequest Language

A will is perhaps the easiest and the most common way of planning an estate, and yet the majority of people die without one. A will allows you to designate an executor for your estate, name a guardian for minor children, and dispose of property to whomever you choose. Many people choose to include charities in their wills. A charitable bequest can help you support a worthy cause even after you are gone. Your gift can be unrestricted, allowing Stephens to use it for our greatest needs, or restricted for scholarships, endowment, or some other area of Stephens you wish to support. A gift through your will can take the form of a set amount of money, a percentage of an estate, or a specific asset. Below is some sample language for including Stephens in your estate plan.

Sample Gift by Will Language

A gift through your will or bequest provision for a percentage of your residuary estate might be worded like this:
“I give, devise, and bequeath _________ percent (____ %) of the residue of my estate to Stephens College, 1200 E. Broadway, Columbia, MO, 65215 for the general use and purposes of the College.”

A gift through your will or bequest for a specific sum could be worded like this:
“I give, devise, and bequeath the sum of _________ dollars ($________) to Stephens College, 1200 E. Broadway, Columbia, MO, 65215 for the general use and purposes of the College.”

A gift through your will or bequest for a specific asset could be worded like this:
“I give, devise, and bequeath (describe the asset) to Stephens College, 1200 E. Broadway, Columbia, MO, 65215.”

It is important to let the Stephens College Office of Institutional Advancement and Initiatives know about your bequest, especially if you are thinking about restricting its use. Consulting with the College will help us understand your intent and honor your commitment. Your bequest can be held in confidence and remain anonymous if you prefer.

 

 

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