The following is intended to help you and your lawyer in drafting a bequest that meets your individual interests. We welcome any further requests for information.
A General Bequest
of a stated sum of money may be worded:
"I give to KCTS Television, a Washington nonprofit corporation, or its successor [insert here the exact dollar amount]."
A Specific Bequest
of a certain asset from your estate may be worded:
"I give to KCTS Television, a Washington nonprofit corporation, or its successor [insert here a description of the particular property]."
A Residuary Bequest
, after other bequests and expenses have been paid, may be worded:
"I give to KCTS Television, a Washington nonprofit corporation, or its successor all [or a portion] of the rest, residue and remainder of my estate."
You may also wish to include the Federal Tax #: 91-1221895.
Please note: Unrestricted bequest gifts will be added to the KCTS Television endowment unless the donor specifies otherwise. Bequest gifts can also be designated for restricted endowments. If this is of interest, please contact Sherry Larsen-Holmes, Planned Giving Officer, at 206-443-6768
This information does not constitute legal, tax or financial advice and should not be relied upon as a substitute for professional advice. KCTS Television encourages you to seek independent legal, estate planning and financial advice before deciding on a course of action. We also encourage you to talk with your family and friends about your plans, including your legacy gifts, your personal wishes and your healthcare directives.