Bequests
Outright Bequests – We recommend using the following language in a will to make an Outright Bequest: “I hereby bequeath to The Choral Society of the Hamptons, P.O. Box 1031, Bridgehampton, New York 11932, the sum of $_____________ (and/or the following described property ______________).”
Residuary Bequests – We recommend using the following language in a will to make a Residuary Bequest: “I hereby bequeath all (or _________ percent) of my residuary estate to The Choral Society of the Hamptons, P.O. Box 1031, Bridgehampton, New York 11932.”
Restricted Bequest – To ensure its enforceability, we recommend that any specific purpose be described as broadly as possible and that detailed limitations and restrictions be avoided.
Unrestricted Bequest – We suggest using the following language in making an Unrestricted Bequest: “I hereby bequeath to The Choral Society of the Hamptons, P.O. Box 1031, Bridgehampton, New York 11932, the sum of $___________ for its general purposes.” A bequest to the Choral Society is not subject to federal or state estate or inheritance taxes.
None of the foregoing is intended as tax, financial or legal advice of any kind. If you would like to make a charitable gift to the Choral Society, we suggest that you first consult with your tax professional and/or legal counsel. We also encourage you to contact one of the Choral Society’s officers or directors at (631) 204-9402 or by e-mail us before making a gift.
