Sample Language For Bequests

Specific Bequest:  I give, devise and bequeath__________________ [specific dollar amount, specific item of property, or specific percentage or fraction of my adjusted gross estate] to Arlington Street People’s Assistance Network, a nonprofit corporation located at 2708-B S. Nelson St., Arlington, VA 22206, for its unrestricted charitable use and purpose.

Residuary Bequest: After making the above gifts to my family and specific persons, I give, devise, and bequeath all of the rest, residue and remainder of my estate, both real and personal, to Arlington Street People’s Assistance Network, or its successor organization, a nonprofit corporation located at 2708-B S. Nelson St., Arlington, VA 22206, for its unrestricted charitable use and purpose.

Contingency Gift (if beneficiary does not survive testator): If Joe Beneficiary does not survive me, or shall die during the administration of my estate, or as a result of a common disaster, then I give to Arlington Street People’s Assistance Network, a non profit corporation located at 2708-B S. Nelson St., Arlington, VA 22206, ______________________________ [specific dollar amount, specific property, or “all of the rest, residue, and remainder of my estate, both real and personal”], for its unrestricted charitable use and purpose.

Restricted Gift Bequest with Safety Language: I give, devise, and bequeath _____________ [specific dollar amount, specific item of property, or specific percentage or fraction of my adjusted gross estate] to Arlington Street People’s Assistance Network, a nonprofit corporation located at 2708-B S. Nelson St., Arlington, VA 22206, to be used exclusively for______________ [state specific purpose such as medical program, Lora Rinker Make-It-A-Home fund, Permanent Supportive Housing, etc.]  In the event the purposes of this restriction, in the opinion of the Board of Directors of Arlington Street People’s Assistance Network, can no longer be served, the Board of Directors may devote the remaining assets exclusively for charitable purposes that: (a) are within the scope of the charitable purposes of the charity; (b) most nearly approximate the original purpose of the gift; and (c) benefit the charity.

*The above language serves as an overview.  A-SPAN strongly encourages donors to seek appropriate legal and financial counsel*