Sample Will Provisions
THE FOLLOWING SAMPLE PROVISIONS MAY BE HELPFUL FOR YOUR ATTORNEY IN PREPARING A WILL OR CODICIL:
SPECIFIC GIFT LANGUAGE (NAMING MLT AS A BENEFICIARY OF A SPECIFIC AMOUNT FROM YOUR ESTATE)
I give, bequeath and devise to Mahoosuc Land Trust, a nonprofit corporation having its headquarters in Bethel, Maine, the sum of $ _________ (or ____ percent of my estate) to be used for its general purposes (or describe a particular program or project of the land trust).
RESIDUAL GIFT LANGUAGE (A RESIDUAL BEQUEST COMES TO MLT AFTER YOUR ESTATE EXPENSES AND SPECIFIC BEQUESTS ARE PAID)
I give, bequeath and devise all (or ____ percent) of the rest, residue and remainder of my estate to Mahoosuc Land Trust, a nonprofit corporation having its headquarters in Bethel, Maine, to be used for its general purposes (or describe a particular program or project of the land trust).
Mahoosuc Land Trust is a charitable tax-exempt organization under section 501 (c)(3) of the Internal Revenue Code.
Tax ID#: 01-0447619.
Please note that bequests for a specific purpose should be discussed with MLT in advance to make sure that the language will achieve your intentions and be consistent with MLT’s mission.
DOWNLOAD A SAMPLE CODICIL FORM
Before making any changes to your estate plan, we recommend you contact your attorney or financial advisor to ensure consistency with other parts of your estate plan.