Bequest Language
Printable Bequest LanguageIn order to make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to Austin Peay State University in your estate plan. We have provided some basic bequest language to assist you and your attorney.
1. Specific Bequest: If you are considering making an outright bequest to Austin Peay State University, we recommend the following language:
| Bequest of a Specific Dollar Amount |
I hereby give, devise and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to Austin Peay State University, a nonprofit organization located at P.O. Box 4417, Clarksville, TN, 37044, Federal Tax ID #62-0961836, for Austin Peay State University's general use and purpose.
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| Bequest of Specific Personal Property |
I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Austin Peay State University, a nonprofit organization located at P.O. Box 4417, Clarksville, TN, 37044, Federal Tax ID #62-0961836, for Austin Peay State University's general use and purpose.
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| Bequest of Specific Real Estate |
I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to Austin Peay State University, a nonprofit organization located at P.O. Box 4417, Clarksville, TN, 37044, Federal Tax ID #62-0961836, for Austin Peay State University's general use and purpose.
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2. Percentage Bequest: If you are considering making a request of a percentage of your estate to Austin Peay State University, we recommend the following language:
I hereby give, devise and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to Austin Peay State University, a nonprofit organization located at P.O. Box 4417, Clarksville, TN, 37044, Federal Tax ID #62-0961836, for Austin Peay State University's general use and purpose.
3. Residual Bequest:
I hereby give, devise and bequeath to Austin Peay State University, a nonprofit organization located at P.O. Box 4417, Clarksville, TN, 37044, Federal Tax ID #62-0961836, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for Austin Peay State University's general use and purpose.
4. Contingent Bequest:
If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to Austin Peay State University, a nonprofit organization located at P.O. Box 4417, Clarksville, TN, 37044, Federal Tax ID #62-0961836, DESCRIPTION OF PROPERTY to be used for Austin Peay State University's general use and purpose.
RESTRICTED BEQUESTS
If you are considering a bequest but would like to ensure that your bequest will be used for a specific purpose, please let us know. We will be happy to work with you and your attorney to help you identify ways to give and meet your charitable objectives. We will also work with you and your attorney to craft language to accomplish your goals.
If you are making a restricted bequest, we recommend that your attorney include the following provision to give Austin Peay State University flexibility should it no longer be possible for Austin Peay State University to use your gift as you originally intended:
If, in the judgement of the Board of Trustees (Board) of Austin Peay State University, it shall become impossible for Austin Peay State University to use this bequest to accomplish the specific purposes of this bequest, Austin Peay State University 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.
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