Bequest

Thank you for considering leaving a gift to Boys & Girls Clubs of Monterey County (BGCMC) in your Will.
We would love to talk to you and discuss some of the options available.

A bequest—a gift in your will—is simple and convenient. You can create a legacy through a bequest. Your bequest can be a specific dollar amount or a percentage of your estate. You can designate your bequest for general use, or you can restrict its use.

We appreciate family and loved ones should always come first, and believe that it is an important step to talk to family and loved ones about your Will. Communication will help to assist your final wishes are carried out. We are grateful when people decide to include a gift in their Will to BGCMC, as they are a vital source of income and we appreciate every gift.

Join our Legacy Society:  If you would like to notify us that you have made a legacy gift to BGCMC, we would like to invite you to join our Legacy Society. As a member of our Society we would like to honor  you for your special commitment to our future.

Every year we will hold a luncheon to publicly recognize members of our Society, conduct VIP tours of our Clubs,  outline programs that you will help fund in the future and you will receive a regular newsletter.

Leaving a gift is an important decision but it doesn’t have to be complicated. We have information, support and advice available to make the process as easy as possible. Here are the basics:

How It Works

  1. You include a bequest provision in your will or revocable trust

  2. At your death BGCMC receives the bequest you specified

Benefits

  • You may change your bequest or trust designation at any time

  • You control the funding property during your lifetime

  • Your bequest or trust designation will not be subject to any potential federal estate tax

  • You provide future support for BGCMC

Examples of various types of bequests

  • Specific bequests are used to make a gift of a specific dollar amount or specific asset (such as securities or personal property).
  • Residuary bequests are used to give all or a portion of the remainder of your estate after payment of expenses and any specific amounts designated to other beneficiaries.

Including Boys & Girls Clubs of Monterey County in your will
The following includes several examples of suggested bequest wording to benefit Boys & Girls Clubs of Monterey County. Each individual situation is unique; therefore, these examples include only some of the possible gift opportunities. We encourage you to discuss your intentions with Boys & Girls Clubs of Monterey County to ensure that your wishes will be properly followed and recognized. Because a will is an important legal document, you should seek an attorney’s help. To assist you with this important process, we offer suggested wording below.

Percentage of estate for unrestricted purposes

“I give to Boys & Girls Clubs of Monterey County, a nonprofit organization located at 1332 La Salle, Seaside CA 93955,_______ percent (%) of my estate for its general charitable purposes.”

Specific amount for unrestricted purposes

“I give to Boys & Girls Clubs of Monterey County, a nonprofit organization located at 1332 La Salle, Seaside CA 93955, the sum of $_________ in cash (or ________ shares of _____________ stock) to be used for its general charitable purposes.”

Specific amount for restricted purposes

“I give to Boys & Girls Clubs of Monterey County, a nonprofit organization located at 1332 La Salle, Seaside CA 93955, the sum of $________ in cash (or ________ shares of _____________ stock) to be used for ______________________________________ at Boys & Girls Clubs of Monterey County.

If changed circumstances should at some future time make it impractical to continue administering the gift for the purpose designated, then Boys & Girls Clubs of Monterey County Board of Directors may re-designate the purpose—provided the terms adhere as closely as possible to my original intent.”

Designating the purpose of a bequest

Unrestricted: The most useful type of bequest is unrestricted, allowing the funds to be allocated wherever the need is greatest and taking into account that changes may necessitate a use that cannot be anticipated at the time of the gift.

Restricted: You may designate your bequest to support a special program or purpose that reflects your interests. If the bequest is restricted to a specific purpose, it is important that the following wording be added at the end of the provision. This will ensure that, in the remote possibility a specified purpose may cease to need funds in the future, an alternate use for the bequest may be determined.

“If changed circumstances should at some future time make it impractical to continue administering the gift for the purpose designated, then Boys & Girls Clubs of Monterey County Board of Directors may re-designate the purpose—provided the terms adhere as closely as possible to my original intent.”

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