Gifts Made Through Wills - "Bequests"
When writing or updating your will, you can also make a real difference in the continuation of intelligent, independent non-commercial radio by naming Texas Public Radio as a beneficiary.
There are several ways to structure a bequest:
- Specific bequest: You name a specific dollar amount or asset that you would like to leave to Texas Public Radio
- Residual bequest: You provide that Texas Public Radio will receive a percentage or all of your residuary estate – i.e., the assets remaining after specific provisions made for your other beneficiaries have been fulfilled.
- Contingent bequest: You provide that Texas Public Radio is a beneficiary only in the event that other named beneficiaries do not survive you.
Suggested language for a bequest to Texas Public Radio:
I give [_________ dollars – or – specific assets – or – ___ percent of the residue of my estate] as an unrestricted gift to Texas Public Radio, a Texas 501(c)(3) non-profit corporation, for its general use and purposes.