Bequests Sample Clauses

Bequests. Donations – Inheritances: i. Inheritances left to the Company may be accepted for the benefit of inventory. ii. Inheritances – Donations and legacies in favor of the Company, for which special conditions have been set by the testator or donor, are under special management within the budget, and the annuities that may come from them are available exclusively in accordance with the conditions set by the testator or the donor.

Bequests inheritances, and other transfers at death.

Bequests. Gifts granted through your will or trust at the time of your death. The gift may be a set dollar amount or a specific itemized property such as stocks, bonds, land, equipment, etc. Some individuals leave a residual gift, which is a bequest of their estate (or percentage of the estate) that remains after all debts and other obligations are paid. Retained Life Estate Agreements may be used to give property to the shelter while you retain the right to use the property for the remainder of your lifetime. Charitable Gift Annuities involve a transfer of money or securities in exchange for the shelter’s agreement to pay you a guaranteed fixed income for life. They may also be set up to pay through the lifetime of a second person, such as a spouse or child. The amount of income received depends on the age when the annuity begins. Your tax professional can advise you on how to maximize your tax advantage with this method of giving. “Planned giving” is an all-inclusive term used to describe the many types of gifts an individual may use to continue supporting the mission of the Cedar Bend Humane Society. Some of these options include: Outright gifts are often considered the most desirable type of planned gift as funds may be used immediately. Please be sure to consult your attorney and/or your financial advisor about which type of gift is the best to maximize your tax benefit. There are two ways to do this. Name the shelter as the beneficiary of a life insurance policy on which you pay premiums, with the proceeds payable upon your death. The second way is to buy an insurance policy naming the shelter as the beneficiary and make a gift of the policy itself. By donating the policy, an immediate income tax deduction is available to you. In addition, if you continue to pay premiums on our behalf, the premium payments are also deductible. Please contact Co-Directors, ▇▇▇▇▇ ▇▇▇▇▇▇▇ or ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ at the Cedar Bend Humane Society ▇▇▇-▇▇▇-▇▇▇▇ to let them know when you have made plans for any such gifts. We would love the opportunity to thank you for your generous act. We are happy to honor your wishes regarding anonymity. Trusts are typically used when your gift is $50,000 or more. The body of the trust becomes available to the Cedar Bend Humane Society upon your death. There are many types of planned giving arrangements, which ever one you choose, you always have the option of directing how the funds will be used. Please be sure to consult your attorney and/or your fina...

Bequests. If, after the Closing, the Company or any Company Subsidiary receives a bequest, charitable donation or other charitable or similar gift or contribution (whether in the form of cash, check, securities or other investments, real estate or otherwise (each, a "Donation")) from any Person made or intended to be made for the benefit of Stockholder, the Company or Company Subsidiary (as the case may be) shall promptly (a) remit such Donation to Stockholder or (b) return such Donation to such Person and notify such Person of the appropriate address to send Donations to Stockholder.

Bequests. I direct my executor pay the following amount from any remainder of my estate to the people or groups listed below. The following entities are not already guaranteed a portion of my estate, and the total must not exceed 33 percent (one third) of the remainder of my estate. 1. of the total remainder 2. ____ _ _ _ _ _ _ % of the total remainder 3. __ _ _ _ _ _ _ _ _ …...… % of the total remainder TOTAL BEQUESTS (must not be more than 33%) % of the total remainder

Bequests. Interest proceeds from unrestricted endowments

Bequests. 1. Gifts through ▇▇▇▇▇ (bequests) shall be actively encouraged by the Church 2. Upon inquiry by a prospective donor, all representations as to the future acceptability of various properties to be left to the Church in a will or other deferred gifts shall be made in a accordance with the terms and provisions of Paragraph I(A-F} of this document. 3. Gifts of property that are not acceptable from estates shall be rejected by the Committee and that decision shall be communicated to the legal representative of the estate.

Bequests. Bequests received by the Foundation will be applied for the charitable purposes requested by the donor, if any are specified, so long as the Foundation determines, in the exercise of its reasonable discretion, that the gift’s purpose is viable. A gift whose purpose is not viable will go into the Foundation’s Fund for Monterey County and/or General Scholarship Fund. Donors and their advisors are encouraged to advise the Foundation of their intention to make such bequests to ensure that the donor's intent can be carried out through the Foundation's grantmaking activities and organizational capacity.

Bequests. I will give the persons named below, if he or she survives me, the Property described below: Name: _____________________________________ Address: ___________________________________ Relationship: ________________________________ Property: ___________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ Name: _____________________________________ Address: ___________________________________ Relationship: ________________________________ Property: ___________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ Name: _____________________________________ Address: ___________________________________ Relationship: ________________________________ Property: ___________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ If a named beneficiary to this Will predeceases me, the bequest to such person shall lapse, and the property shall pass under the other provisions of this Will. If I do not possess or own any property listed above on the date of my death, the bequest of that property shall lapse. ALL REMAINING PROPERTY; RESIDUARY CLAUSE: I give, devise, and bequeath all of the rest, residue, and remainder of my estate, of whatever kind and character, and wherever located, to my _________________ [wife or husband], provided that my _________________ [wife or husband] survives me. I make no provision for my children, knowing that, as their parent, my _________________ [wife or husband] will continue to be mindful of their needs and requirements. If my _________________ [wife or husband] does not survive me, then I give, devise, and bequeath all of the rest, residue, and remainder of my estate, of whatever kind and character, and wherever located, to my children per share, but if any child predeceases me, then his or her share will pass, per share, to his or her lineal descendants, natural or adopted, if any, who survive me; but if there are none, I direct that the share of any child of mine who shall have died leaving no issue shall be divided among my surviving children in equal shares.