We encourage you to leave a lasting legacy that will make a difference in the lives of others by including Feed the Hungry, Inc. in your will or trust. But before making a gift to Feed the Hungry, Inc., we recommend you consult with your tax advisor or attorney for full advice on the effect of your bequest.
Gifts through bequest may be cash, real estate, securities, tangible personal property or other items of value. Your bequest may take any of several forms. Here are some examples, with appropriate wording:
- A general bequest is for a certain dollar amount of property, usually cash: “I give to Feed the Hungry, Inc. of Leesburg, Virginia or any successor organization thereto, the sum of .”
- Specific bequest directs Feed the Hungry, Inc. to receive a specific piece of property: “I give…500 shares of XYZ stock….”
- Residual bequest designates all or a portion of whatever remains after all debts, taxes, expenses and other bequests have been paid: “I give…fifty percent (50%) of the rest, residue and remainder of my estate….”
- Contingent bequest takes effect only under certain conditions: “In the event my spouse does not survive me, I give…the sum of….”
[Note: Information on this page is not intended as specific financial planning or legal advice. You should always consult your legal advisors, financial planners and family members when considering a planned gift.]