A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your last will and testament or trust specifying a gift to whom you choose whether it be family, friends or a charity such as the Holocaust Memorial Resource & Education Center of Florida as part of your estate plan.
Specific Bequest. A specific bequest involves making a gift of a specific dollar amount or a specific asset, such as securities, real estate, or other property in your last will and testament or trust.
Percentage Bequest . Another kind of specific bequest involves leaving a specific percentage of your overall estate to charity.
Residuary Bequest . In your last will and testament or trust, you may designate where the remainder of your estate will go after all other bequests, debts, and taxes have been paid. You can designate the Holocaust Memorial Resource & Education Center of Florida as beneficiary of all or a portion of your residual estate.
Contingent Bequest. This is a bequest made on the condition that a certain event must occur before distribution to the beneficiary. For example, you may designate the Holocaust Memorial Resource & Education Center of Florida as a beneficiary if your spouse, other heirs or designees predecease you.
The information presented here is not offered as legal or tax advice. You should seek the advice of your tax advisor, attorney and/or financial planner to make certain any gift or bequest you are considering fits well with your individual circumstances. We have provided some basic bequest language to assist you and your advisor.
Specific Bequest
If you are considering making an outright bequest to the Holocaust Memorial Resource & Education Center of Florida, we recommend the following language:
Percentage Bequest
If you are considering making a bequest of a percentage of your estate to the Holocaust Memorial Resource & Education Center of Florida, Inc., we recommend the following language:
Residuary Bequest
Contingent Bequest
Restricted Bequests
You may designate your bequest to support a specific program or purpose that reflects your personal or professional interest. For example, you may wish to make a bequest to the UpStanders: Stand Up to Bullying initiative, the Helen Greenspun Endowment for Holocaust Education, or Teachers Institute on Holocaust Studies.
If you are making a restricted bequest, we recommend that your attorney include the following wording at the end of the provision to give the Holocaust Memorial Resource & Education Center of Florida flexibility should it no longer be possible for the Holocaust Memorial Resource & Education Center of Florida to use your gift as you originally intended.
Contact Us
Please contact Katherine Turner, Senior Development Director, at 407-628-0555 ext. 285, Holocaust Memorial Resource & Education Center of FL, 851 N Maitland Ave, Maitland FL 32751, www.holocaustedu.org, if you have any questions about how to make a bequest to the Holocaust Memorial Resource & Education Center of Florida or to request any additional information that might be helpful to you and your attorney as you consider making a bequest to us.
If you have included a bequest for the Holocaust Memorial Resource & Education Center of Florida in your estate plan, please contact us to let us know. We would like to thank you and recognize you for your gift.