Norwich University's Bequest Language
If you have included a bequest for Norwich University in your estate plan, please contact us to let us know. We would like to thank you, recognize you for your gift, and welcome you into our 1819 Circle.
An excellent way for you to support Norwich University's mission is to leave us a bequest in your will, living trust, or with a codicil. One significant benefit of making a gift by bequest is that it allows you to continue to use the property you will leave to charity during your life. Another benefit is that you are able to leave a lasting legacy. To download a bequest intention form, click here.Types of Bequests
There are a number of ways you can make a bequest to Norwich University.
Percentage Bequest. Another kind of specific bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to Norwich University.
Residual Bequest. A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to Norwich University.
Contingent Bequest. A contingent bequest is made to charity only if the purpose of the primary bequest cannot be met. For example, you could leave specific property, such as a vacation home, to a relative, but the bequest language could provide that if the relative is not alive at the time of your death, the vacation home will go to Norwich University.
Bequest Benefits
Bequest Language
In order to make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to Norwich 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 Norwich University, we recommend the following language:
I hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to Norwich University, a nonprofit organization located at 158 Harmon Drive, Northfield, VT, 05663-1035, Federal Tax ID #____________, for Norwich University's general use and purpose.
Bequest of Specific Personal Property
I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Norwich University, a nonprofit organization located at 158 Harmon Drive, Northfield, VT, 05663-1035, Federal Tax ID #_______________, for Norwich University's general use and purpose.
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 Norwich University, a nonprofit organization located at 158 Harmon Drive, Northfield, VT, 05663-1035, Federal Tax ID #_______________, for Norwich University's general use and purpose.
If you are considering making a bequest of a percentage of your estate to Norwich University, we recommend the following language:
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 would 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 Norwich University flexibility should it no longer be possible for Norwich University to use your gift as you originally intended:
Contact Us
Please contact us if you have any questions about how to make a bequest to Norwich University or to request any additional information that might be helpful to you and your attorney as you consider making a bequest to us.
Megann O'Malley
Associate Director of Planned Giving
802.485.2282
[email protected]