« Back to Gift Planning: Bequests in Your Will

 

The following are recommended clauses that may be used to make a gift to the Amputee Coalition of America through your will or revocable/living trust.

 

1. General Unrestricted Bequest

"I give, devise and bequeath to the Amputee Coalition of America, Knoxville, Tennessee 37915 (percentage of residue, sum or description of property), the principal and income of which shall be used for such Coalition purposes as the board of directors may determine."

 

2. Specific Program - but unrestricted as to use

"I give, devise and bequeath to the Amputee Coalition of America, Knoxville, Tennessee 37915 (percentage of residue, sum or description of property), the principal and income of which shall be distributed by the board of directors to the Amputee Coalition of America, for use where the need is greatest."

 

3. Restricted - to be used only for specific purposes (e.g., scholarships)

"I give, devise and bequeath to the Amputee Coalition of America, Knoxville, Tennessee 37915 (percentage of residue, sum or description of property), the principal and income of which shall be distributed by the board of directors as scholarships to students enrolled in a 4-year degree program (or other specific purpose)."

 

4. Bequest of Residue – after all other bequests are made

"All [or a portion] of the rest, residue and remainder of my estate, both real and personal, of every kind and description, wherever situated and whether now owned or hereafter acquired, including any power of appointment, I give, devise, and bequeath to the Amputee Coalition of America, Knoxville, Tennessee 37915, the principal and income of which shall be used for such Coalition purposes as the board of directors may determine."

 

5. Contingent Bequest - if other bequests cannot be completed

"In the case of a failure or lapse of any legacy or device herein such that the property so bequeathed or devised would pass by intestacy, I direct that in lieu thereof such property shall pass to the Amputee Coalition of America, Knoxville, Tennessee 37915, to be known as the [name] Fund, the principal and income of which shall be used for such Coalition purposes as the board of directors may determine."

OR

"If [none of] the above person[s] survive[s] me, or if there is no one in existence who is a member of the class of persons designated in paragraph [ ], I give, devise and bequeath such property to the Amputee Coalition of America, Knoxville, Tennessee 37915, to be known as the [name] Fund, the principal and income of which shall be used for such Coalition purposes as the board of directors may determine."

 

6. Addition to Endowment Fund

"I give, devise and bequeath to the Amputee Coalition of America, Knoxville, Tennessee 37915, the sum of $____________ dollars (or otherwise describe the gift) and direct that this bequest be added to the (name) Endowment Fund."

 

7. Pursuant to Memorandum of Agreement

"I give, devise and bequeath to the Amputee Coalition of America, Knoxville, Tennessee 37915, the sum of $____________ dollars (or otherwise describe the gift) and direct this bequest to the [Program] of the Coalition to be used pursuant to my Memorandum of Agreement on file at the Coalition."

 

If you have questions, please contact the Amputee Coalition at 888/267-5669.

 

The information on this Web site is not intended as legal or tax advice, but as accurate and authoritative general information on planned giving. For legal advice, please consult an attorney.