Sample Bequest Provisions
The provisions in your Will or Living Trust for making a gift to Ashland University, Ashland Theological Seminary or the Ashbrook Center will depend upon the type of gift and your own circumstances. We ask that if you designate all or part of your gift to the Seminary or the Ashbrook Center that you state "Ashland Theological Seminary at Ashland University" or "The Ashbrook Center at Ashland University" since both are divisions of the University and are under the same non-profit corporation. The model provisions listed below may be helpful to you and your attorney. However, we would ask that you inform us of your plans so that we might not only recognize you as a member of our Founders Society but perhaps offer even further assistance in the planning process and the specific wording or direction of your gift.
The Unrestricted Gift
I give to Ashland University,(the Ashland Theological Seminary at Ashland University or the Ashbrook Center at Ashland University), a non-profit 501(c)(3) Corporation headquartered in Ashland, Ohio, the sum of $______ (or ____% of my estate; or the property described herein) for its general purposes.
Gift for a Specific Purpose
I give to Ashland University, (the Ashland Theological Seminary at Ashland University or the Ashbrook Center at Ashland University), a non-profit 501(c)(3) Corporation headquartered in Ashland, Ohio, the sum of $______ (or ____% of my estate; or the property described herein) to be used for _________________ (specify the purpose).
Specific Legacy
I bequeath my home, farm, livestock, car, trust, etc., to Ashland University, (the Ashland Theological Seminary at Ashland University or the Ashbrook Center at Ashland University), a non-profit 501(c)(3) Corporation headquartered in Ashland, Ohio.
Memorial Fund
I give to Ashland University, (the Ashland Theological Seminary at Ashland University or the Ashbrook Center at Ashland University), a non-profit 501(c)(3) Corporation headquartered in Ashland, Ohio, the sum of $_____ (or property herein described), the same to be known as "The ___________ Memorial Fund", the income therefore shall be used for its general purposes (or describe the specific purpose, if desired.)
Residuary Legatee
All the rest, residue, and remainder of my estate, both real and personal, I give to Ashland University,(the Ashland Theological Seminary at Ashland University or the Ashbrook Center at Ashland University), a non-profit 501(c)(3) Corporation headquartered in Ashland, Ohio, for its general purposes.