wills, living trusts & tips
A Living Trust provides a great way to avoid probate and support Servants of the Father of Mercy all at the same time. For instance, if you have a large number of assets, you may want to consider a Living Trust. The Living Trust will help avoid probate and its fees. This strategy also allows you to leave a lasting legacy by making Servants of the Father of Mercy a beneficiary of your Living Trust.
Bequest Language Examples
Unrestricted Specific Bequest: I give to Servants of the Father of Mercy, a California non-profit, tax-exempt 501 (c)(3) organization, tax identification #26-3855133, care of P.O. Box 42001, Los Angeles, CA 90042, the sum of (dollar amount) for its general corporate purposes.
Unrestricted Percentage Bequest: I give to Servants of the Father of Mercy, a California non-profit, tax-exempt 501 (c)(3) organization, tax identification #26-3855133, care of P.O. Box 42001, Los Angeles, CA 90042, ___ % of the rest and residue of my estate for its general corporate purposes.
Unrestricted Residual Bequest: I give, bequeath and devise the rest and residue of my estate to Servants of the Father of Mercy, a California non-profit, tax-exempt 501 (c)(3) organization, tax identification #26-3855133, care of P.O. Box 42001, Los Angeles, CA 90042, for its general corporate purposes.
Restricted Use Bequest: I give to Servants of the Father of Mercy, a California non-profit, tax-exempt 501 (c)(3) organization, tax identification #26-3855133, care of P.O. Box 42001, Los Angeles, CA 90042, the sum of (dollar amount) for (specify how the gift is to be used). Note: It is a good idea to allow for alternate designations if Servants of the Father of Mercy cannot fulfill your primary wish.
Unrestricted Bequest For Endowment: I give to Servants of the Father of Mercy, a California non-profit, tax-exempt 501 (c)(3) organization, tax identification #26-3855133, care of P.O. Box 42001, Los Angeles, CA 90042, the sum of (dollar amount) for its general endowment fund. For larger amounts, it may be possible to endow a specific position, mission or project.