The following language may help you and your attorney when drawing up a bequest that meets your needs.
General bequest: If you intend to leave an outright gift of cash, securities or other property by designating a specific dollar amount, a particular asset or a fixed percentage of your estate to Habitat for Humanity to be used for general purposes:
“After taking care of all expenses, debts and other provisions, I give, devise and bequeath ___ percent of the rest and residue [or $___ if a specific amount] to Habitat for Humanity Fresno Inc., a California-based charitable organization [Tax ID# 77-0076649] currently with administrative offices at 4991 E. McKinley Avenue Suite 123, Fresno CA 93727.”
Contingency bequest: If you wish to make a contingency gift so that Habitat for Humanity will receive a portion of your estate if your named beneficiary does not survive you:
“If any of the beneficiaries named in this will should die before becoming entitled to receive their distributive share of my estate, I direct my trustee to pay or transfer the share to which such beneficiary would otherwise be entitled, to Habitat for Humanity Fresno Inc. for its unrestricted use and purpose.”
If at any point in time and for any reason, you wish to make changes to include Habitat in your will, you can easily amend it by using a Codicil. A codicil is a document your attorney can prepare to amend your will or trust without rewriting the entire document. The codicil adds a new gift to Habitat for Humanity Greater Fresno Area while reaffirming the other terms of your will.
For more information click the button below or contact Brad Stevens at 559.237.4102 x111 or via email at email@example.com for more info. You can also contact Tyler Hirschkorn, one of our Thrivent Financial professionals at firstname.lastname@example.org.