No matter what your age or state of life, it’s never too early to think about the final opportunity you will have to communicate your most personal wishes to family and loved ones. Knowing that the legacy you choose to leave through your Last Will and Testament will have a positive impact on your family and loved ones well into the future can be tremendously fulfilling. The charitable bequest provides a way for virtually anyone to express specific philanthropic wishes. In fact, the charitable bequest represents the easiest and most frequently used methods for supporting charities in America.
A charitable bequest to the Arlington Public Library may take on a number of forms, including:
- A specific dollar amount
- A specific asset or group of assets, or
- A percentage of the residual value of the estate.
In addition, the language of your will can designate whether your gift is to be used for general purposes or to support a specific program. The philanthropic spirit is given a voice when wishes are expressed in your Last Will and Testament. Through this document, you can truly Leave A Legacy!
How to Make a Bequest
This material and a sample How to Update a Will- The Codicil 2018.pdf are presented as an information service and are not intended to replace specific professional advice provided by personal planning advisors. The language you can include in your will to make a bequest to the Arlington Public Library:
To Bequeath a Specific Amount
I bequeath the sum of $__ to the Arlington Public Library Foundation, located in Arlington, Texas, for use in (state the purpose for which you wish your bequest to be used, or indicate “general purposes”).
To Bequeath a Specific Asset
I bequeath (state or describe the asset to be given), owned by me at the time of my death, to the Arlington Public Library Foundation, located in Arlington, Texas, to be used for their stated charitable purposes.
To Bequeath a Percentage
I bequeath __% of the property owned by me at my death, both real and personal, to the Arlington Public Library Foundation, located in Arlington, Texas, for use in (state the purpose for which you wish your bequest to be used, or indicate “general purposes”).
Library Legacy Society
The Society is a special organization of friends who embrace the Arlington Public Library’s mission and work by naming the Library in their personal financial and estate plans. If you have included the Library as a beneficiary in your will or if we can provide you with additional information to help you establish and/or revise your will to meet specific planning and charitable objectives, we invite you to contact us at 817-459-6924.