Residual Bequest 

A residual bequest is the balance of your estate after specific gifts are distributed.

Here is an example:

“I give and devise to Beth Jacob Legacy Fund, Inc. (EIN 45-3688153) all of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support [or for the support of a specific fund or program].

Specific Bequest 

A specific bequest is designating an exact amount from your estate to a charity — or leaving a particular asset (like a piece of jewelry, work of art, or stocks) to a named individual or charity.

Here is an example:

“I give and devise to Beth Jacob Legacy Fund, Inc. (EIN 45-3688153) the sum of $[dollar amount], or specific assets [e.g., shares of stock] to be used for its general support [or for the support of a specific fund or program].”

Contingent Bequest

A contingent beneficiary receives the bequest only if the primary beneficiary does not survive you.

Contingent beneficiaries are essential if something happens to the primary beneficiary. Without a contingent beneficiary, you will not have control over where your assets will go.

Here is an example:

“If [individual heir’s name] is not living at the time of my demise, I give to Beth Jacob Legacy Fund, Inc. (EIN 45-3688153) the sum of $ [or “all” or “_____ percentage” of the residue of my estate] to be used for its general support [or for the support of a specific fund or program].”