Making a Bequest Gift to Narrow Ridge
Legacy (Bequest) gifts are gifts that anyone can offer. You do not need to be wealthy!
Giving through your will allows you to continue to use the property you will leave and make a generous gift to a non-profit that you might not have been able to give during your lifetime. If you are like most people, you probably will not use all of your retirement assets during your lifetime.
Bequest gift can have a huge impact on continuing the work of Narrow Ridge into the future. When included in your estate planning, there is no added fee and if you change your mind, a simple change to your will is all that is needed.
If you already have a will, adding a legacy gift is easy. You can prepare a short document known as a “codicil” to your will, to be signed and dated in the presence of two witnesses who will not benefit from the change, and attach it to your will.
If you are just creating will, you may wish to include a statement so as:
(Sample monetary Bequest): I hereby give to the Trustees of Narrow Ridge Center, a Tennessee 501 C3 charitable corporation, Tax Identification number # 58-1985875 the following: the sum of $______ OR _____ percent (__%) of my estate OR _____ percent (___%) of the residue of my estate. The Narrow Ridge Center shall use this gift for general use and purpose.
Can I give Narrow Ridge some land to protect or my tractor to use? Yes!
(Sample Property Bequest of Real Estate):
I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to Narrow Ridge Center, a nonprofit organization located at 1936 Liberty Hill Rd.
(Sample Property/item Bequest):
I hereby give, devise and bequeath DESCRIPTION OF PROPERTY/item to Narrow Ridge Center, a nonprofit organization located at 1936 Liberty Hill Rd. Washburn TN 37888, Federal Tax ID #58-1985875, for Narrow Ridge’s general use and purpose.
Your will is your legacy of love.
Information provided here is meant as general information only. Narrow Ridge Center strongly advises you to seek legal and financial counsel when planning a legacy gift.