A family can include personal property, real estate, a specific sum of money, or a percentage of estate assets to Baton Rouge General in their will. If you plan to make a charitable gift through your will, please follow the following steps:
Consult with your attorney to discuss and update your will.
Describe specifically how you would like to designate your gift.
Contact Baton Rouge General Foundation to inform us of your decision and complete the Foundation’s Letter of Intent. We would like the opportunity to acknowledge your gift and share our appreciation for your generosity.
Our Official Bequest Language
Baton Rouge General Foundation’s official bequest language for is:
"I, [name], of [city, state, ZIP], give, devise and bequeath to the Baton Rouge General Foundation [city, state, ZIP] tax ID # 74-0801335 [written amount or percentage of the estate or description of property] to be used or disposed of as its Board of Directors in its sole discretion and purpose deems appropriate. (or a specific program area)"
Below are four ways to make a bequest. Please discuss them with your attorney as you prepare to update your will.
1. Specific bequest: a gift of a specific item to a specific beneficiary.
2. General bequest: a gift of a stated sum of money. It will not fail, even if there is not sufficient cash to meet the bequest.
3. Contingent bequest: a bequest made on condition that a certain event must occur before distribution to the beneficiary.
4. Residuary bequest: a gift of all the "rest, residue and remainder" of your estate after all other bequests, debts and taxes have been paid.
Whether you are creating a will or updating an old document, Baton Rouge General Foundation recommends that you seek the advice of estate and tax professionals, such as attorneys, accountants, or financial advisors, in developing your estate plan. Baton Rouge General Foundation cannot render tax or legal advice. For more information, please contact Baton Rouge General’s Foundation at Foundation@BRGeneral.org or (225) 763-4372.