The following is intended to help you and your attorney in drafting a bequest that satisfies your interests. As you consult your attorney on the selection of appropriate wording to reflect your own goals and intentions regarding the University of La Verne, be sure our organization’s correct legal name appears in all final documents as:
“University of La Verne, a California nonprofit corporation, 1950 Third Street, La Verne, CA 91750, or its successor, Federal Tax Identification Number: 95-1644026.
General Bequest of a stated sum of money may be worded:
“I give to University of La Verne, a California nonprofit corporation, 1950 Third Street, La Verne, CA 91750, or its successor, Federal Tax Identification Number: 95-1644026, the sum of $___________________, for any purpose as the University of La Verne deems appropriate.”
Specific Bequest of a certain asset from your estate may be worded:
“I give to University of La Verne, a California nonprofit corporation, 1950 Third Street, La Verne, CA 91750, or its successor, Federal Tax Identification Number: 95-1644026, (the real estate located at __________________ or 1000 shares of XYZ stock), for any purpose as the University of La Verne deems appropriate.”
Residuary Bequest, after other bequests and expenses have been paid, may be worded:
“I give to University of La Verne, a California nonprofit corporation, 1950 Third Street, La Verne, CA 91750, or its successor, Federal Tax Identification Number: 95-1644026, ________% of the rest of my estate, for any purpose as the University of La Verne deems appropriate.”
Contingent Bequest if the person making the will is not survived by certain individuals:
“If [name/s of primary beneficiary/ies] do/es not survive me, or shall die within ninety (90) days from the date of my death, or as a result of a common disaster, then I give to University of La Verne, a California nonprofit corporation, 1950 Third Street, La Verne, CA 91750, or its successor, Federal Tax Identification Number: 95-1644026, [insert here the exact dollar amount, description of property, or percentage of residual estate].”