When making a charitable gift to a nonprofit organization, it is vital the legal name of the charity, city and other identifying details be used. To name The Peck School in your will or trust please use the following suggested language:
Residual Bequest LanguageA residual bequest comes to us after your estate expenses and specific bequests are paid:
I give and devise to The Peck School, Morristown, NJ, (EIN 22-1487293) all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).
Specific Bequest Language You can also name The Peck School as a beneficiary of a specific amount from your estate:
I give and devise to The Peck School, Morristown, NJ, (EIN 22-1487293) the sum of $ ________________________ (or "____ shares of __________________ stock") to be used for its general support (or for the support of a specific fund or program).
Contingent Bequest LanguageThe Peck School can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:
If (insert individual heir's name) is not living at the time of my demise, I give and devise The Peck School, Morristown, NJ, (EIN 22-1487293) the sum of $ (or "all" or " ___________ percentage of the residue of my estate") to be used for its general support (or for the support of a specific fund or program).
The Peck School's Broker: Morgan Stanley Private Wealth Management
Attn: Bradley Backus, Assistant Vice President
Private Wealth Advisor
1585 Broadway, 22nd Floor
New York, NY 10036
Account number: 876-041290
Tax ID Number: 22-1487293
Please contact your plan provider for a change of beneficiary form. Once you have filled out the form, please send a copy to Joan Myers, Director of Advancement and Alumni Relations at email@example.com
Legal name: The Peck School
Tax ID number: 22-1487293
Address: 247 South Street
Morristown, NJ 07960
Thank you for helping your client with their charitable planning. As a professional advisor, you build your client relationships on trust and mutual respect. The same is true for our relationships with our friends and donors.
We understand that financial, philanthropic and estate goals are unique to the individual. For this reason we welcome the opportunity to assist as you incorporate your clients' philanthropic objectives into wellcrafted estate plans. Furthermore, we encourage prospective donors to consult with their professional advisors before making decisions based on information we provide.
If you have any questions or concerns, please call 973-539-8660 ext 113 or email firstname.lastname@example.org.
Disclosure: This information is not intended as legal advice. For more specific advice, please consult your attorney or financial adviser.