Sample Bequest Provisions
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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. 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 Socity 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, a non-profit 501(c)(3) Corporation (Ashland Theological Seminary of Ashbrook Center), 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, a non-profit 501(c)(3) Corporation (Ashland Theological Seminary of Ashbrook Center), 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, a non-profit 501(c)(3) Corporation (Ashland Theological Seminary or Ashbrook Center), headquartered in Ashland, Ohio.
MEMORIAL FUND:
I give to Ashland University, a non-profit 501(c)(3) Corporation (Ashland Theological Seminary of Ashbrook Center), 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, a non-profit 501(c)(3) Corporation (Ashland Theological Seminary or Ashbrook Center), headquartered in Ashland, Ohio, for its general purposes.