Share the sample bequest language for Louise S. McGehee School with your estate planning attorney:
Write on a plain sheet of paper in your own handwriting: (1) the date, (2) the words "I leave the Louise S. McGehee School, Inc. the sum or $_______ (or _______% of my gross estate, or _______% of my net estate after debt and taxes)" and (3) sign it. Do not type any part of it. Put it with your will if you have one. If you wish, you can specify the particular use to which you want the money to be put, such as a scholarship for the children of alumnae.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.