Gift Planning

Bequest Language for Donors

Bequest Language for Donors

The following is intended to help you and your attorney in drafting a bequest that satisfies your individual interests. As you consult your attorney on the selection of appropriate wording to reflect your own goals and intentions regarding BB&N, be sure the organization’s correct legal name appears in all final documents as:

“Buckingham Browne & Nichols School, a Massachusetts nonprofit corporation, or its successor, Federal Tax Identification Number: 042-103-751.”

General Bequest of a stated sum of money may be worded:

“I give to Buckingham Browne & Nichols School, a Massachusetts nonprofit corporation, or its successor, Federal Tax Identification Number 042-103-751 [insert here the exact dollar amount].”

Specific Bequest of a certain asset from your estate may be worded:

“I give to Buckingham Browne & Nichols School, a Massachusetts nonprofit corporation, or its successor, Federal Tax Identification Number 042-103-751, [insert here a description of the particular property].”

A Residuary Bequest, after other bequests and expenses have been paid, may be worded:

“I give to Buckingham Browne & Nichols School, a Massachusetts nonprofit corporation, or its successor, Federal Tax Identification Number 042-103-751, all [or a portion] of the rest, residue and remainder of my estate.”

Contingent Bequest if the Testator is not survived by certain individuals:

“If [name/s of primary beneficiary/ies] do/es not survive me, or shall die within ninety (90) days from the date of my death, or as a result of a common disaster, then I give to Buckingham Browne & Nichols School, a Massachusetts nonprofit corporation, or its successor, Federal Tax Identification Number 042-103-751,  [insert here the exact dollar amount, description of property, or percentage of residual estate].”

 

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