Here are the most common kinds of bequests with sample language for naming Easterseals DuPage & Fox Valley as a beneficiary. You may also change your beneficiaries at any time, should your circumstances change.
Residual Bequest
This is a very popular choice for charitable bequests because it ensures that loved ones receive their distribution before any distribution to charity.
I devise that residue of my estate, after the satisfaction of all specific bequests and the payment of all taxes and other costs attending my death, to Easterseals DuPage & Fox Valley, a not-for-profit organization, Tax ID# 36-2476388, with principal offices currently located at 830 S. Addison Ave. Villa Park, IL 60181.
General/Fixed Dollar Bequest
A stated sum of money, usually cash, to a beneficiary.
I bequeath the sum of $____ dollars to Easterseals DuPage & Fox Valley, a not-for-profit organization, Tax ID# 36-2476388, with principal offices currently located at 830 S. Addison Ave. Villa Park, IL 60181.
Percentage Bequest
Enables your bequest to grow as your assets grow.
I bequeath to Easterseals DuPage & Fox Valley, a not-for-profit organization, Tax ID# 36-2476388, with principal offices currently located at 830 S. Addison Ave. Villa Park, IL 60181 an amount equal to _______ percent of the net value of my estate as finally determined for federal estate tax purposes.
Contingent Bequest
Assumes you want to leave your entire estate to family and friends. However, in the event that you outlive any of your beneficiaries, it provides an opportunity to designate Easterseals to receive that portion of the estate.
In the event that (name of the beneficiary) does not survive me, I designate Easterseals DuPage & Fox Valley, a not-for-profit organization, Tax ID# 36-2476388, with principal offices currently located at 830 S. Addison Ave. Villa Park, IL 60181 as the devisee of this bequest of (see above for language specific to different types of bequests).
Legal Name: Easter Seals DuPage and the Fox Valley Region
Legal Address: 830 S. Addison Ave. Villa Park, IL 60181
Federal tax ID number: 36-2476388
Contact:
Kelly Moreland, Vice President of Development
kmoreland@eastersealsdfvr.org
630.282.2029
Disclaimer: This information is intended to assist you in your charitable planning. It is not legal advice and should not be relied upon as such. Please consult with your attorney or other advisor for professional advice and to discuss how this information can benefit you as you consider your financial and philanthropic goals.
