Anyone with assets should have a will in order to leave a legacy of support for the causes you are passionate about, and to insure that gifts to loved ones are made according to your specific intent.

A bequest is a deferred gift which does not deplete your current assets. In addition, it can always be revoked. 

How to give through a bequest

The three most common options for giving through a bequest in a will are

  • Leaving a specific amount of money
  • Leaving a specific asset like a home or other real estate, fine art or life insurance policies
  • Leaving a residual percentage of your estate, after making other gifts to friends and family

Consult a licensed attorney for further information on giving through a bequest.