Bequests

Making a Bequest 

Bequests specific to L'ARCHE (Sample language)

 

Unrestricted Gift: A gift that can be used where need is greatest
I give, devise, and bequeath to L'Arche Mobile, AL the sum of $_______* for its general purposes.

Gift for a Specific Purpose: A gift that is to be used for a specific purpose
I give, devise, and bequeath to L'Arche Mobile, AL  the sum of $_______* to be used for [state specific purpose, program or activity].

 

Residuary Bequest: Leaves any remainder after all other bequests have been paid
I give, devise, and bequeath to L'Arche Mobile, AL ________ percent of the residue of my estate to be used for it's general purposes.

 

Contingency Gift: Takes effect only if a primary intention can't be met.
In the event that ____________ predeceases me, I give, devise, and bequeath his/her bequest or share to L'Arche Mobile, AL to be used for it's general purposes.

* Rather than leaving a sum certain, you can include language that refers to a percentage of your estate or a description of the property you wish to give.

Bequest provisions designated for a specific program or activity require additional language. Unless otherwise designated, all gifts given to L'ARCHE will be placed in the Endowment Fund for permanent investment, with the income being used to finance services. If you wish for your bequest to benefit a particular program, please make certain this is clearly stated. It is best to contact L'ARCHE to ensure that your wishes are properly understood.

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