Bequests

The most popular gift is the simple bequest through a will.  Since a bequest can take many forms, you have considerable flexibility.  You can leave a specific asset, a specific sum of money, a percentage of your estate or what remains of your estate after you have provided for your heirs.

Specific Bequests

The most popular type of bequest, a specific bequest provides that the ministry you designate receive a specific dollar amount, percentage of your estate, or piece of property.

Residuary Bequest

A residuary bequest provides that the ministry receive the remainder or a stated portion of your estate after all other bequests, debts, taxes, and expenses have been distributed.

Contingent Bequest

A contingent bequest can ensure that if circumstances make it impossible to carry out your primary provisions (as when your spouse or other heirs do not survive you), your assets will then pass to the ministry you designate rather than to unintended beneficiaries.