Bequest
A bequest is a gift you make to a person or organization, like Dakota Boys and Girls Ranch, through a will or trust.
A bequest is a thoughtful legacy gift that supports children and families long after your lifetime.
Benefits of a bequest
- Receive an estate tax charitable deduction.
- Reduce the burden of taxes on your family.
- Leave a lasting legacy to our organization.
Charitable bequest video
How a bequest works
A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends, or Dakota Boys and Girls Ranch. Sample Bequest Language
Here are some ways you can leave a bequest to Dakota Boys and Girls Ranch
- Include a bequest to Dakota Boys and Girls Ranch in your will or revocable trust.
- Designate Dakota Boys and Girls Ranch as a full, partial, or contingent beneficiary of your retirement account (IRA, 401(k), 403(b), or pension).
- Name Dakota Boys and Girls Ranch as a beneficiary of your life insurance policy.
You can make a bequest in several ways
- Specific Bequest - A specific bequest involves giving a specific asset such as real estate, car, other property, or a gift for a specific dollar amount.
- Percentage Bequest - Another kind of bequest involves leaving a specific percentage of your overall estate to Dakota Boys and Girls Ranch.
- Residual Bequest - A residual bequest comes from what remains of your estate after specific gifts are distributed through your will or trust. A common option is to leave a percentage of the remaining balance to an organization like the Ranch.
Review sample bequest language
Contact Us
If you have any questions about leaving a bequest to us, please contact us. We would be happy to assist you. If you have been so generous as to include a bequest to Dakota Boys and Girls Ranch as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity.
