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   Wills and Trusts Giving Opportunities

(Quicklink: https://nescitech.org/wills)

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Sample Wording for your Will or Trust


You can create a truly lasting legacy at NEST, exemplifying your values and lifetime commitment to the education of our future leaders, by making New England Sci-Tech a beneficiary of your will or trust.

Gifts in wills and trusts (“bequests”) are easy to set up, often allowing you to maintain control of your assets today, and often letting you modify them at any time as you go through life.


As you work with your estate planning attorney, you’ll discover many ways to donate to New England Sci-Tech and each scenario will require unique language. For each situation, you can provide the following sample language to your attorney (see below).

 

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Specific Gift Language

 

Most people make specific gifts to their loved ones, ensuring they receive what they need first and foremost, and also include a specific gift to their favorite charity to make one final generous donation.

I give and devise to New England Sci-Tech, Tax ID# 82-5114883, located in Natick, MA, the sum of $___________ to be used for its general support (or for the support of a specific fund or program).

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Residual Gift Language

 

Another common way to include charities in your estate plan is to care for your loved ones first and foremost and then donate whatever is left over – the residual of your estate – to charities.

I give and devise to New England Sci-Tech, Tax ID# 82-5114883, located in Natick, MA, all (or a percentage) of the rest, residual 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).

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Contingent Gift Language

 

You may also consider making a charity a beneficiary of your estate plan as part of a contingency plan – in case another beneficiary is unable to accept the gift for any reason:

If (insert name) is not living at the time of my demise, I give and devise to New England Sci-Tech, Tax ID# 82-5114883, located in Natick, MA, the sum of $ _______ (or “all” or a percentage of the residual of my estate) to be used for its general support (orfor the support of a specific fund or program).

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Donations of any amount are helpful.


Remember, New England Sci-Tech Inc. is a non-profit corporation operated exclusively for educational and charitable purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code. 

The wordings listed above are suggestions and starting points. Please consult your tax attorney for the best working for your situation.

For more information, please email info@nescitech.org.