A charitable bequest is one of the easiest and most flexible ways to leave a gift to St. Maria Goretti that will make a lasting impact. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends, or St. Maria Goretti as part of your estate plan. You may also make a bequest using a beneficiary designation form.
You can support St. Maria Goretti through your estate plan in several ways:
Include a bequest to St. Maria Goretti in your will or revocable trust
Designate St. Maria Goretti as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension)
Name St. Maria Goretti as a beneficiary of your life insurance policy
Types of Bequests
A bequest may be made in several ways:
Specific bequest - a gift of a specific dollar amount or a specific asset
Percentage bequest - a gift of a percentage of your estate
Residual bequest - a gift from the balance (or residue) of your estate
Contingent bequest - a gift that takes effect only if another beneficiary does not survive you
Bequest Language
To make a bequest, you should consult with your attorney. Your attorney can help you include appropriate language in your estate plan. We have provided the following examples to assist you and your attorney.
1. Specific Bequest
If you are considering making an outright bequest to St. Maria Goretti, we recommend the following language:
Bequest of a Specific Dollar Amount
I hereby give, devise, and bequeath _________ and No/100 dollars ($DOLLARS) to St. Maria Goretti Catholic Church & School, a nonprofit organization located at 17102 Spring Mill Road, Federal Tax ID #35-1950891, for St. Maria Goretti Catholic Church & School's general use and purpose.
Bequest of Specific Personal Property
I hereby give, devise, and bequeath DESCRIPTION OF PROPERTY to St. Maria Goretti Catholic Church & School, a nonprofit organization located at 17102 Spring Mill Road, Federal Tax ID #35-1950891, for St. Maria Goretti Catholic Church & School's general use and purpose.
Bequest of Specific Real Estate
I hereby give, devise, and bequeath all of the right, title, and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to St. Maria Goretti Catholic Church & School, a nonprofit organization located at 17102 Spring Mill Road, Federal Tax ID #35-1950891, for St. Maria Goretti Catholic Church & School's general use and purpose.
2. Percentage Bequest
If you are considering a bequest of a percentage of your estate to St. Maria Goretti, we recommend the following language:
I hereby give, devise, and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to St. Maria Goretti Catholic Church & School, a nonprofit organization located at 17102 Spring Mill Road, Federal Tax ID #35-1950891, for St. Maria Goretti Catholic Church & School's general use and purpose.
3. Residual Bequest
If you are considering a bequest of all or a portion of the remainder of your estate to St. Maria Goretti, we recommend the following language:
I hereby give, devise, and bequeath to St. Maria Goretti Catholic Church & School, a nonprofit organization located at 17102 Spring Mill Road, Federal Tax ID #35-1950891, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for St. Maria Goretti Catholic Church & School's general use and purpose.
4. Contingent Bequest
If you are considering a contingent bequest to St. Maria Goretti, we recommend the following language:
If (primary beneficiary) does not survive me, then I hereby give, devise, and bequeath to St. Maria Goretti Catholic Church & School, a nonprofit organization located at 17102 Spring Mill Road, Federal Tax ID #35-1950891, DESCRIPTION OF PROPERTY to be used for St. Maria Goretti Catholic Church & School's general use and purpose.