Charitable Gift Planning
Have you ever considered leaving
your estate to Agape?
Sample bequest language
When including a bequest provision in your will, always use the full legal name and provide the Federal Taxpayer Identification Number for Agape is ___________________.
Our full, legal names are:
Agape International Spiritual Center
Consultation with a legal advisor is encouraged. The following are for illustration only:
Bequests for unrestricted purposes
Unrestricted gifts are to be used for the greatest need at the time determined by the appropriate Board of Trustees. A general unrestricted bequest is especially valued by Agape. A proportional bequest is often the best way to accomplish your goals. We would receive a percentage of the estate or the residue of the estate after all other provisions have been met.
Sample language: “I give to Agape International Spiritual Community ____ percent of my estate, or (percent of the rest, residue and remainder) of my estate to be used for the benefit of Agape.”
Gifts of securities
For a bequest of securities, the possible language is: “I give Agape all of my shares of XYZ stock or mutual fund to be used for the benefit of Agape.”
For a bequest of cash, the possible language is: “I give to Agape the sum of (Amount) to be used for the benefit of Agape.”
A contingent bequest takes effect only if the primary intention cannot be met (e.g. if the primary beneficiary does not survive the donor). This ensures that property will not be distributed to unintended beneficiaries.
Sample language: “If (name of primary beneficiary) does not survive me, or shall die during the administration of my estate, or as a result of a common disaster, then I give to Agape all of the rest, residue, and remainder of my estate, to be used for the benefit of Agape.”