Gifts by Will (Bequests)
Including a bequest to the St. Louis Arc in your will is one of the simplest ways to make a legacy gift and support our work. A bequest can be made by preparing a new will or by adding a codicil to your existing will. Similar steps can be taken if you have established a revocable (“living”) trust.
Specific Unrestricted Bequest
-For a specific dollar amount or specific property (securities, real estate, etc.).
-For a percentage of your estate.
“I hereby bequeath (a specific dollar amount or specific property, or a percentage of your estate) to the St. Louis Arc, 1816 Lackland Hill Parkway, St. Louis, MO 63146, or its lawful successor.”
Residuary Bequest
-To give all or a portion of that which is left in your estate after all other bequests, debts, taxes and expenses have been distributed.
“I hereby bequeath all (or a certain percentage of) my residuary estate to the St. Louis Arc, 1816 Lackland Hill Parkway, St. Louis, MO 63146, or its lawful successor.”
Contigent Bequests
- To make a bequest on condition that a certain event must occur.
- To name a secondary beneficiary for all or a portion of your estate in case the first beneficiary does not survive you.
“I hereby bequeath $50,000 to my sister, Jane Doe, or in the event that she shall predecease me, I direct that this amount be paid to the St. Louis Arc, 1816 Lackland Hill Parkway, St. Louis, MO 63146, or its lawful successor.”
If you plan to or already have included a legacy gift to the St. Louis Arc in your estate planning, please let us know by emailing our Development Office or by calling 314-817-2240 so that we may acknowledge your generosity.
This information is not intended as legal, estate, or tax planning advice. Please consult your professional legal and financial advisors for complete information.