Sample Bequest Language
Your bequest to Washington State University may ultimately include some of the following language. We recommend that you review your bequest with the WSU Foundation's Gift Planning Office to assure that your plans will be carried out as you wish.
I give:
________% of my estate,
OR
the sum of $________,
OR
the real property described on the deed as ________,
OR
personal property described as ________,
OR
all the rest, residue, and remainder of my estate,
OR
________% of the rest, residue, and remainder of my estate
to the Washington State University Foundation
(Federal Tax ID Number 91-1075542)
to [establish] OR [augment] the ________ Endowment (e.g. the John and Jane Doe Endowment)
OR
to be held and managed as a part of the permanent endowment of the WSU Foundation.
The Foundation shall hold, manage, and distribute the funds in accordance with the specific Gift Use Agreement entered into between the WSU Foundation, the University and myself.
If your estate includes payment from IRD (Income in Respect of a Decedent) assets, include the following langauage.
This bequest shall be paid out of IRD assets as that term is defined in the Internal Revenue Code to the fullest extent possible. If such IRD assets as valued for U.S. estate tax purposes are insufficient to pay this bequest, then it shall be paid to the extent necessary out of the general assets of my estate.