Wills and Bequests
Give through a Will or Bequest
You can make a bequest by including language in your will or living trust, leaving a portion of your estate to a nonprofit like the Austin Woman's Club.
A bequest is a gift from your estate — a transfer of cash, securities or other property made through your estate plans — and can be made to a charity like The Austin Woman's Club.
A bequest can be made for a specific amount, for a percentage of your estate or for all or a portion of what is left after you have made bequests to your family. To make a gift from your estate, you must sign a new will or living trust instrument, add a codicil to your present will, or make an amendment to your present trust instrument.
- You retain control and use of your assets during your lifetime.
- You may modify your bequest if your circumstances change.
- Gifts from your estate may be exempt from federal estate taxes.
- A bequest costs nothing now, yet gives you the satisfaction of knowing you have provided for a charity’s future.
- Specific: A gift of a specific amount or item/asset from the estate to the Austin Woman's Club.
- Residual: A gift to the Austin Woman's Club made from the residue of the estate after all other wishes are fulfilled, or a percentage of the estate.
- Contingent: A gift to the Austin Woman's Club only in the event that the designated beneficiaries (usually children or family members) are unable to accept the estate gift.
- Perpetual: A series of gifts to the Austin Woman's Club over a period of time.
Please see your legal and/or tax advisor for more information and to determine if a charitable bequest to/for the Austin Woman's Club is right for you.
