Thank you for your interest in helping The Catholic Diocese of Memphis by including a charitable bequest in your will or living trust!
Below are examples of bequest language to assist you and your professional advisors. They should not replace the counsel of tax, legal, or estate planning advisors. Because the below examples are of a general nature and are not intended as legal advice, you should contact the appropriate professionals to create or amend any necessary legal documents.
Bequest Language Examples – Specific Dollar Amount or Percentage Bequest
I hereby give, devise, and bequeath to The Catholic Diocese of Memphis in Tennessee, a nonprofit affiliation with its principal office at 5825 Shelby Oaks Drive, Federal Tax ID Number: 62-0845508, (the sum of $____) or (____ percent (___%) of my total estate determined as of the date of my death), to be used for The Catholic Diocese of Memphis general use and purpose (or specific purpose).
Bequest of Specific Personal Property Example
I hereby give, devise, and bequeath (Description of Personal Property) to The Catholic Diocese of Memphis in Tennessee, a nonprofit affiliation with its principal office at 5825 Shelby Oaks Drive, Federal Tax ID Number: 62-0845508, to be used for The Catholic Diocese of Memphis general use and purpose (or specific purpose).
Bequest of Specific Real Estate Example
I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at (Address or Description of Property) to The Catholic Diocese of Memphis in Tennessee, a nonprofit affiliation with its principal office at 5825 Shelby Oaks Drive, Federal Tax ID Number: 62-0845508, to be used for The Catholic Diocese of Memphis general use and purpose (or specific purpose).
Residual Bequest Example
I hereby give, devise and bequeath to The Catholic Diocese of Memphis in Tennessee, a nonprofit affiliation with its principal office at 5825 Shelby Oaks Drive, Federal Tax ID Number: 62-0845508, (All or ____ percent (___%)) of the rest, residue and remainder of my estate to be used for The Catholic Diocese of Memphis general use and purpose (or specific purpose).
Contingent Bequest
If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath (Description of Property) to The Catholic Diocese of Memphis in Tennessee, a nonprofit affiliation with its principal office at 5825 Shelby Oaks Drive, Federal Tax ID Number: 62-0845508, to be used for The Catholic Diocese of Memphis general use and purpose.
Disclaimer
The Catholic Diocese of Memphis is not a law firm and this information is not intended as legal or tax advice to donors or any third-party beneficiaries. No attorney-client or other relationship is created by the information on this website. For all legal or tax advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.
Contact the Development Office for help connecting with a qualified adviser.
