Bequest Language for Donors
The following is intended to help you and your attorney in drafting a bequest that satisfies your interests. As you consult your attorney on the selection of appropriate wording to reflect your own goals and intentions regarding Embry-Riddle Aeronautical University, be sure our organization’s correct legal name appears in all final documents as:
“Embry-Riddle Aeronautical University, Inc., 1 Aerospace Blvd. Daytona Beach, FL 32114-3900, a Florida nonprofit corporation, or its successor, Federal Tax Identification Number: 59-0936101.”
A General Bequest of a stated sum of money may be worded:
“I give to Embry-Riddle Aeronautical University, Inc., 1 Aerospace Blvd. Daytona Beach, FL 32114-3900, a Florida nonprofit corporation, or its successor, Federal Tax Identification Number 59-0936101 [insert here the exact dollar amount].”
A Specific Bequest of a certain asset from your estate may be worded:
“I give to Embry-Riddle Aeronautical University, Inc., 1 Aerospace Blvd. Daytona Beach, FL 32114-3900, a Florida nonprofit corporation, or its successor, Federal Tax Identification Number 59-0936101, [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 Embry-Riddle Aeronautical University, Inc., 1 Aerospace Blvd. Daytona Beach, FL 32114-3900, a Florida nonprofit corporation, or its successor, Federal Tax Identification Number 59-0936101, all [or a portion] of the rest, residue and remainder of my estate.”
A Contingent Bequest if the person making the will is not survived by certain individuals:
“If [name/s of primary beneficiary/ies] do/es not survive me, or shall die within ninety (90) days from the date of my death, or as a result of a common disaster, then I give to Embry-Riddle Aeronautical University, Inc., 1 Aerospace Blvd. Daytona Beach, FL 32114-3900, a Florida nonprofit corporation, or its successor, Federal Tax Identification Number 59-0936101, [insert here the exact dollar amount, description of property, or percentage of residual estate].”