SUGGESTED BEQUEST WORDING

A bequest is simple and convenient. You have a number of options.

You can make a bequest for a specific dollar amount or for a percentage of your estate. You can designate your bequest for general use or you can restrict its use. Because a will is an important legal document, you should seek an attorney’s help. To assist you with this important process, we offer some suggested bequest wording below.

Following are some examples of various types of bequests:

Specific bequests are used to make a gift of a specific dollar amount or specific assets, such as securities, real estate, or personal property.

Residuary bequests are used to give all or a portion of the rest, residue, and remainder of your estate after payment of expenses and any specific amounts designated to other beneficiaries.

Including DAV (Disabled American Veterans) Charitable Service Trust in your will

The following includes several examples of suggested bequest wording to benefit DAV (Disabled American Veterans) Charitable Service Trust.

Each individual situation is unique and, therefore, these examples include only some of the possible gift opportunities. We encourage you to share your final will provision with DAV (Disabled American Veterans) Charitable Service Trust to ensure that your wishes will be properly followed and recognized.

Percentage of estate for unrestricted purposes
I give, devise, and bequeath to DAV (Disabled American Veterans) Charitable Service Trust, 3275 Alexandria Pike, Cold Spring, KY  41076, _____ percent (%) of the rest, residue, and remainder of my estate as an unrestricted gift to be used at the discretion of the Board of Directors of DAV (Disabled American Veterans) Charitable Service Trust for the general purposes of DAV (Disabled American Veterans) Charitable Service Trust, 3275 Alexandria Pike, Cold Spring, KY  41076.

Specific amount for unrestricted purposes
I give, devise, and bequeath to DAV (Disabled American Veterans) Charitable Service Trust, 3275 Alexandria Pike, Cold Spring, KY  41076, the sum of $_______ in cash or in-kind (or ________ shares of ________ stock) to be used at the discretion of the Board of Directors of DAV (Disabled American Veterans) Charitable Service Trust for the general purposes of DAV (Disabled American Veterans) Charitable Service Trust and its related entities.

Specific amount for specific purposes 
I give, devise, and bequeath to DAV (Disabled American Veterans) Charitable Service Trust, 3275 Alexandria Pike, Cold Spring, KY  41076, the sum of $_______ in cash or in-kind (or ________ shares of ________ stock) to be used for ____________________ ______________________ at DAV (Disabled American Veterans) Charitable Service Trust.

If changed circumstances should at some future time make it impractical to continue using the income from the Fund for the purpose designated, then the DAV (Disabled American Veterans) Charitable Service Trust Board of Directors may re-designate the purpose to adhere as closely as possible to my original intent.

To assist you with your plans, DAV (Disabled American Veterans) Charitable Service Trust can provide sample language for the program or area you wish to support. This confidential service is available to you without obligation.

Designating the purpose of a bequest:

Unrestricted: The most useful type of bequest is unrestricted, allowing the funds to be allocated wherever the need is greatest.

Restricted: You may designate your bequest to support a special program or purpose that reflects your personal or professional interest.

 

Bequests that honor loved ones: Any bequest can be further personalized to honor or memorialize a friend or loved one. Just add a phrase indicating that the bequest is “in honor of/ in memory of (name).” By notifying our offices of your intentions, that individual’s name—along with your own—can be included in recognition through The DAV Guardian Society.

DAV (Disabled American Veterans) Charitable Service Trust Tax Identification # is 52-1521276.