Facts for Advisers
Wills and Trust Language
Bequest language that can be used in a gift by will or living trust:
I give and bequeath to Delaware State University Foundation, Inc., a not-for-profit corporation organized under the Laws of the State of Delaware and having its principal office at 1200 N. DuPont Highway, Dover, DE 19901.
To make a cash bequest:
the sum of $_________ to be used by Delaware State University for its general purposes.
To give a percentage of the estate:
_______ percent of my estate to be used by Delaware State University for its general purposes.
To give a residual amount or remaining interest:
the rest, residue and remainder of my estate after all debts, expenses and taxes have been paid and all the general and specific bequests have been made, to be used by Delaware State University for its general purposes.
To give a tangible asset or property:
_______ shares of common stock of __________ (or insert here a description of other property) owned by me at my death as these shares shall exist at the date of my death, to be used by Delaware State University for its general purposes.
Please call Bryant T. Bell at 302.857.6055 if you have any additional questions.
Delaware State University Foundation, Inc.
1200 N. DuPont Highway
Dover, DE 19901
Fax : 302.857.6058
DTC Number: #0954/Mellon
Account Number: 10570042700/Delaware State University - IMA
Taxpayer ID Number: 20-1372435
Please telephone our office if your client is transferring shares to Delaware State University Foundation, Inc. We need to know the name and numbers of shares being transferred.
Copyright © R&R Newkirk. All rights
The materials contained on this website are intended only to show some ways by which you can make a charitable gift or bequest and thereby minimize federal tax liabilities, as authorized by the Internal Revenue Code. All examples are of a general nature only and should not be applied to your specific situation without first consulting your attorney or other advisers.