Recently, several individuals remembered the cemetery in their Will through estate planning. If you are planning a charitable bequest or trust designation, please consider the Historic Elmwood Foundation. Language for a gift by bequest is simple and can be incorporated into a new will or added simply by a codicil (amendment) to your existing will.
The following are examples of bequest statements that may be used as models. The Historic Elmwood Foundation encourages you to discuss the language in preparing your bequest or trust designation with your professional advisor. We welcome the opportunity to work with you and your advisors to develop language tailored to your specific needs. Such collaboration ensures that the correct legal language is used and that your wishes are accurately understood. Please contact Joan Capuano, Executive Director of the Historic Elmwood Foundation, for additional information by calling (313) 801-1971.
Unrestricted Residual Bequest
I give the Historic Elmwood Foundation, 1200 Elmwood Avenue, Detroit, Michigan 48207, Federal ID 20-3821302, ( _________ % of the residue of my estate) or (the sum of $ _________ ), to be used by the Historic Elmwood Foundation, wherever the needs and opportunities are greatest.
Unrestricted Contingent Bequest
In the event that _________ predeceases me, I give the Historic Elmwood Foundation, 1200 Elmwood Avenue, Detroit, Michigan 48207, Federal ID 20-3821302, ( _________ % of the residue of my estate) or (the sum of $ _________ ), to be used by the Historic Elmwood Foundation, wherever the needs and opportunities are greatest.
Restricted Bequest
You may also request that your bequest be used for designated purposes.