Bequests

Are you interested in making a significant gift to advance our mission? A bequest is one of the most popular and flexible ways that you can ensure great futures continue to start here through your will or trust. While you will leave a lasting legacy, bequests also help lessen the burden of taxes on surviving family members and could result in additional estate tax savings. Plus, a bequest is generally a revocable gift, which means it can be changed or modified at any time, and can be designated for general or specific purposes.

How do I make a bequest?

With the help of a trusted advisory, you can include language in your will or trust specifying a gift be made to a family, friends or Boys & Girls Clubs of Sarasota and DeSoto Counties as part of your estate plan. Types of bequests include:

• Specific Bequests, which involves making a gift of a specific asset such as real estate, a car, other property or a gift for a specific dollar amount;
• Percentage Bequests, which involves leaving a specific percentage of your overall estate to charity;
• Residual Bequests, which is made from the balance of an estate after the will or trust has given away each of the specific bequests and typically involves a charity of your choice; and
• Contingent Bequests, which is made to charity only if the purpose of the primary bequest cannot be met. 

If you are considering a bequest, but would like to ensure that your gift be used for a specific purpose, please let us know. We would be happy to work with you and your attorney to help you identify ways to give, and meet your charitable objectives. We can also work with you and your attorney to craft language to accomplish your goals.