A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift (percentage, specific dollar amount or remaining balance) be made to family, friends or the National Strength and Conditioning Association Foundation as part of your estate plan. Through this type of planned giving, you will be able to leave a legacy!
Benefits of a Bequest
How to make a gift in your estate plan
Work with a legal professional on creating or updating your will or trust to include the appropriate language to specify how you would like to include the National Strength and Conditioning Association Foundation. Sample language can be found below:
Residual Bequest-Funds are distributed after your estate expenses and specific bequests are paid.
I give and devise to the National Strength and Conditioning Association Foundation, Federal Tax ID #26-0587834, located in Colorado Springs, Colorado, all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its unrestricted use (or to a specific National Strength and Conditioning Association Foundation program you are passionate about).
Specific Bequest
I give and devise to the National Strength and Conditioning Association Foundation, Federal Tax ID #26-0587834, located in Colorado Springs, Colorado, the sum of $_____________ to be used for its unrestricted use (or to a National Strength and Conditioning Association Foundation program you are passionate about).
Contingent Bequest
The National Strength and Conditioning Association Foundation can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:
If (insert name) is not living at the time of my demise, I give and devise to the National Strength and Conditioning Association Foundation, Federal Tax ID #26-0587834, the sum of $_____________ (or all or a percentage of the residue of my estate) to be used for its unrestricted use (or to a National Strength and Conditioning Association Foundation program you are passionate about).
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