Sample Wording for your Will

Tips for Wording for your Will

Tools available at The Greater PineBelt Community Foundation help donors leave a permanent charitable legacy for the causes and organizations they care deeply about. Bequests are the most common way to make lasting gifts. Simply consult with your professional advisor or the PineBelt Foundation before preparing your estate plans to ensure that the Foundation is able to carry out your wishes, and then use the language below to name The Greater PineBelt Community Foundation as a beneficiary of your estate plan.

All gifts received by the PineBelt Foundation are used for the charitable purposes directed by donors.  Gifts through a Will by a decedent to the PineBelt Foundation are deductible on a federal estate tax return.  Following are appropriate legal designations for gifts bywills, trusts and beneficiary designations:

1.  Make an unrestricted gift to The Greater PineBelt Community Foundation
“I give [the sum of  $_______] or [the rest, residue or remainder of my estate to] The Greater PineBelt Community Foundation with its principal office in Hattiesburg, MS or its successors for general purposes, without restrictions.”

 2.  Make a gift to an already existing, permanently endowed, named fund at The Greater PineBelt Community Foundation
“I give [the sum of  $____] or [the rest, residue, or remainder of my estate] to [the “XYZ” Fund] at The Greater PineBelt Community Foundation with its principal office in Hattiesburg, MS or its successors.”

3.  Make a gift to a newly established, named fund created according to your charitable interests
“I give [the sum of  $____] or [the rest, residue, or remainder of my estate] to establish the [“XYZ” Memorial Fund] at The Greater PineBelt Community Foundation with its principal office in Hattiesburg, MS or its successors.”

Note: The above information is of a general nature and is not intended as legal advice. It should not replace the counsel of your tax, legal or estate planning advisors.

Please click here for more information on Wills & Bequests (Wills & Bequests Brochure) or on succession planning (Succession Plan Questionnaire).  

For more information please contact your Professional Advisor or Theresa Erickson, Executive Director at contact@PineBeltFoundation.org or call 601.583.6180