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 Gould Academy, be sure our organization’s correct legal name appears in all final documents as:
“Gould Academy, 39 Church Street, Bethel, ME 04217, a Maine nonprofit corporation, or its successor, Federal Tax Identification Number: 01-0211509.”
General Bequest of a stated sum of money may be worded:
“I give to Gould Academy, 39 Church Street, Bethel, ME 04217, a Maine nonprofit corporation, or its successor, Federal Tax Identification Number 01-0211509 [insert here the exact dollar amount].”
Specific Bequest of a certain asset from your estate may be worded:
“I give to Gould Academy, 39 Church Street, Bethel, ME 04217, a Maine nonprofit corporation, or its successor, Federal Tax Identification Number 01-0211509, [insert here a description of the particular property].”
Residuary Bequest, after other bequests and expenses have been paid, may be worded:
“I give to Gould Academy, 39 Church Street, Bethel, ME 04217, a Maine nonprofit corporation, or its successor, Federal Tax Identification Number 01-0211509, all [or a portion] of the rest, residue and remainder of my estate.”
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 Gould Academy, 39 Church Street, Bethel, ME 04217, a Maine nonprofit corporation, or its successor, Federal Tax Identification Number 01-0211509, [insert here the exact dollar amount, description of property, or percentage of residual estate].”
