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Bequests  

 

The most common type of planned gift is a bequest, in which a donation to the Computer History Museum is included in your will. You may make a bequest to the Museum by preparing a new will or by adding a codicil to your present will -- a simple statement spelling out the beneficiary organization and the gift. You may choose to bequest a specific dollar amount, a percentage of your total estate, or particular securities or other property.

Specific Bequest: You specify the amount of money that the Computer History Museum is to receive.

Residuary Bequest: The Museum receives all or a portion of an estate after all debts, taxes, expenses and other bequests have been made.

Contingent Bequest: The Museum becomes the beneficiary only if the named beneficiary is unable to accept the bequest, for example if a spouse or another beneficiary predeceases you.

To make certain that your exact intentions are carried out, wills and codicils should be prepared by, or with the advice of your attorney.

 
  Contact Gary Malone


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