Bequest Language

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Bequest Language

You can contribute to the fight against pancreatic cancer by leaving a bequest to the Pancreatic Cancer Action Network in your will or trust, creating a legacy for future generations.

There are several ways you can make a bequest:

• Specific bequest – involves giving a gift such as cash, stocks and bonds, a life insurance policy, a retirement plan or liquidated assets.

• Percentage bequest – involves leaving a percentage of your estate to us.

• Residuary bequest – made from the balance of an estate after the will or trust has given away each of the specific bequests.

To make a bequest, we advise speaking with your attorney. Below is basic bequest language to assist you and your attorney when including the Pancreatic Cancer Action Network in your estate plans.

Specific Bequest:

I leave $_________ to the Pancreatic Cancer Action Network, a California nonprofit corporation, Manhattan Beach, California, for its general charitable purposes. [or other named program]

Percentage Bequest:

I leave ___% percent of my estate to the Pancreatic Cancer Action Network, a California nonprofit corporation, Manhattan Beach, California, for its general charitable purposes. [or other named program]

Residuary Bequest:

I leave the rest, residue and remainder of my estate to the Pancreatic Cancer Action Network, a California nonprofit corporation, Manhattan Beach, California, for its general charitable purposes. [or other named program]

If you are considering a bequest but want to be sure it will be used only for a specific purpose, please let us know. We are happy to work with you and your attorney to help you identify ways to give that will ensure your charitable objectives are met. We will also work with you to craft language to accomplish your objectives.

If you are making a restricted bequest, please suggest that your attorney use the following provision to give us flexibility should it no longer be possible for us to use your gift as you originally intended:

“If in the judgment of the Board of Directors of the Pancreatic Cancer Action Network, it shall become impossible for the Pancreatic Cancer Action Network to use this bequest to accomplish the specific purposes of this bequest, the Pancreatic Cancer Action Network may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the restricted purpose of my bequest.”

 
Please contact us if you have any questions about how to make a bequest to the Pancreatic Cancer Action Network, or if you’d like any additional information.

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