Bequest Language

pdficon_large.gif Printable Bequest Language

A bequest—a gift in your will—is simple and convenient. You can create a legacy through a bequest.

Your bequest can be a specific dollar amount or a percentage of your estate. You can designate your bequest for general use, or you can restrict its use. Many individuals establish endowments that honor the memory of a family member, a Sister who taught them, or a loved one. These endowments live forever, since only the portion of the fund available for spending each year is paid out annually.

Examples of various types of bequests

Specific bequests are used to make a gift of a specific dollar amount or specific asset (such as securities, real estate, or personal property).

Residuary bequests are used to give all or a portion of the remainder of your estate after payment of expenses and any specific amounts designated to other beneficiaries.

Including The Sisters of St. Dominic of Amityville in your will

The following includes several examples of suggested bequest wording to benefit The Sisters of St. Dominic of Amityville. Each individual situation is unique; therefore, these examples include only some of the possible gift opportunities. We encourage you to discuss your intentions with us at The Sisters of St. Dominic of Amityville to ensure that your wishes will be properly followed and recognized.

Because a will is an important legal document, you should seek an attorney’s help. To assist you with this important process, we offer suggested wording below.

Percentage of estate for unrestricted purposes “I give to The Sisters of St. Dominic of Amityville, N.Y., a nonprofit organization located in Amityville, N.Y., _____ percent (%) of the remainder of my estate for its general charitable purposes.”

Percentage of estate to establish an endowed fund “I give to The Sisters of St. Dominic of Amityville, N.Y., a nonprofit organization located in Amityville, N.Y., _____ percent (%) of the remainder of my estate to establish the ________ Endowed Fund. The portion of this fund available for spending each year shall be used to ___________________________. Contributions may be added to the Fund at any time.

“If changed circumstances should at some future time make it impractical to continue administering the Fund for the purpose designated, then The Sisters of St. Dominic of Amityville, N.Y., Leadership Team may designate another purpose, provided that the terms adhere as closely as possible to the original intent.”

Specific amount for unrestricted purposes “I give to The Sisters of St. Dominic of Amityville, N.Y., a nonprofit organization located in Amityville, N.Y., the sum of $_______ in cash (or ________ shares of ________stock) to be used for its general charitable purposes.”

Specific amount for specific purposes  “I give, devise, and bequeath to The Sisters of St. Dominic of Amityville, N.Y., a nonprofit organization located in Amityville, N.Y., the sum of $_______ in cash or in-kind (or ________ shares of ________stock) to be used for __________________________________________ at The Sisters of St. Dominic of Amityville, N.Y.”