An excellent way for you to support Woman to Woman’s mission is to leave us a bequest in your will, living trust or with a codicil. One significant benefit of making a gift by bequest is that it allows you to continue to use the property you will leave to charity during your life. Another benefit is that you are able to leave a lasting legacy.

TYPES OF BEQUESTS 

There are a number of ways you can make a bequest to Woman to Woman Mentoring.

• Specific Bequest. A specific bequest involves making a gift of a specific asset such as real estate, a car, other property or a gift for a specific dollar amount. For example, you may wish to leave your home or $5,000 to Woman to Woman Mentoring.
• Percentage Bequest. Another kind of specific bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to Woman to Woman Mentoring.
• Residual Bequest. A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to Woman to Woman Mentoring.
• Contingent Bequest. A contingent bequest is made to charity only if the purpose of the primary bequest cannot be met. For example, you could leave specific property, such as a vacation home, to a relative, but the bequest language could provide that if the relative is not alive at the time of your death, the vacation home will go to Woman to Woman Mentoring.

BEQUEST LANGUAGE

In order to make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to Woman to Woman Mentoring in your estate plan. We have provided some basic bequest language to assist you and your attorney.

Specific Bequest | If you are considering making an outright bequest to Woman to Woman Mentoring, we recommend the following language:

Bequest of a Specific Dollar Amount
I hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to Woman to Woman Mentoring, a nonprofit organization located at 22 South Market Street Suite 321 Frederick, MD 21701, Federal Tax ID #47-5036335, for Woman to Woman Mentoring’s general use and purpose.

Bequest of Specific Personal Property
I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Woman to Woman Mentoring, a nonprofit organization located at 22 South Market Street Suite 321 Frederick, MD 21701, Federal Tax ID #47-5036335, for Woman to Woman Mentoring’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 Woman to Woman Mentoring, a nonprofit organization located at 22 South Market Street Suite 321 Frederick, MD 21701, Federal Tax ID #47-5036335, for Woman to Woman Mentoring’s general use and purpose.

Percentage Bequest | If you are considering making a bequest of a percentage of your estate to Woman to Woman Mentoring, 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 Woman to Woman Mentoring, a nonprofit organization located at 22 South Market Street Suite 321 Frederick, MD 21701, Federal Tax ID #47-5036335, for Woman to Woman Mentoring’s general use and purpose.

Residual Bequest
I hereby give, devise and bequeath to Woman to Woman Mentoring, a nonprofit organization located at 22 South Market Street Suite 321 Frederick, MD 21701, Federal Tax ID #47-5036335, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for Woman to Woman Mentoring’s general use and purpose.

Contingent Bequest
If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to Woman to Woman Mentoring, a nonprofit organization located at 22 South Market Street Suite 321 Frederick, MD 21701, Federal Tax ID #47-5036335, DESCRIPTION OF PROPERTY to be used for Woman to Woman Mentoring’s general use and purpose.

RESTRICTED BEQUESTS 

If you are considering a bequest but would like to ensure that your bequest will 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 will also work with you and your attorney to craft language to accomplish your goals.

If you are making a restricted bequest, we recommend that your attorney include the following provision to give Woman to Woman Mentoring flexibility should it no longer be possible for our Woman to Woman Mentoring to use your gift as you originally intended:

If, in the judgment of the Board of Directors of Woman to Woman Mentoring, it shall become impossible for Woman to Woman Mentoring to use this bequest to accomplish the specific purposes of this bequest, Woman to Woman Mentoring may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the restricted purpose of my bequest.