To Volunteer: (800) 289-4254
To Donate: (866) 607-4433

4523 Bristol Highway
Johnson City, TN 37601-2937
(423) 854-8800 Phone
(423) 854-9771 Fax
Connect With Us
       


ASP meets all 20 Standards for Charity Accountability with the BBB Wise Giving Alliance.

ASP Home | Bequest Language
17830
home,page,page-id-17830,page-template,page-template-full_width,page-template-full_width-php,ajax_fade,page_not_loaded,,qode-title-hidden,side_menu_slide_from_right,qode-child-theme-ver-1.0.0,qode-theme-ver-7.6.2,wpb-js-composer js-comp-ver-4.6.2,vc_responsive
Impact our future through planned giving

Impact our future through planned giving

  • Touch the lives of others while creating a lasting legacy
  • Find peace of mind through a wide variety of tax benefits
  • Help Appalachia Service Project achieve its goals for current and future generations
Text Resize

Appalachia Service Project's Bequest Language

An excellent way for you to support Appalachia Service Project'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.

Types of Bequests


There are a number of ways you can make a bequest to Appalachia Service Project.

Specific Bequest. A specific bequest involves making a gift of a specific asset such as real estate, a car, other property or a gift for a specific dollar amount. For example, you may wish to leave your home or $10,000 to Appalachia Service Project.

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 Appalachia Service Project.

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 Appalachia Service Project.

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 Appalachia Service Project.

Bequest Benefits


A bequest is generally a revocable gift, which means it can be changed or modified at any time. You can choose to designate that a bequest be used for a general or specific purpose so you have the peace of mind knowing that your gift will be used as intended. Bequests are exempt from federal estate taxes. If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes, resulting in a larger inheritance for your heirs.

Bequest Language


In order to make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to Appalachia Service Project 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 Appalachia Service Project, we recommend the following language:

Bequest of a Specific Dollar Amount

I hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to Appalachia Service Project, a nonprofit organization located at 4523 Bristol Hwy, Johnson City, TN, 37601, Federal Tax ID #62-0989383, for Appalachia Service Project's general use and purpose.

Bequest of Specific Personal Property

I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Appalachia Service Project, a nonprofit organization located at 4523 Bristol Hwy, Johnson City, TN, 37601, Federal Tax ID #62-0989383, for Appalachia Service Project'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 Appalachia Service Project, a nonprofit organization located at 4523 Bristol Hwy, Johnson City, TN, 37601, Federal Tax ID #62-0989383, for Appalachia Service Project's general use and purpose.

2. Percentage Bequest

If you are considering making a bequest of a percentage of your estate to Appalachia Service Project, we recommend the following language:

I hereby give, devise and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to Appalachia Service Project, a nonprofit organization located at 4523 Bristol Hwy, Johnson City, TN, 37601, Federal Tax ID #62-0989383, for Appalachia Service Project's general use and purpose.

3. Residual Bequest

I hereby give, devise and bequeath to Appalachia Service Project, a nonprofit organization located at 4523 Bristol Hwy, Johnson City, TN, 37601, Federal Tax ID #62-0989383, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for Appalachia Service Project's general use and purpose.

4. Contingent Bequest

If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to Appalachia Service Project, a nonprofit organization located at 4523 Bristol Hwy, Johnson City, TN, 37601, Federal Tax ID #62-0989383, DESCRIPTION OF PROPERTY to be used for Appalachia Service Project's general use and purpose.

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 Appalachia Service Project flexibility should it no longer be possible for our Appalachia Service Project to use your gift as you originally intended:

If, in the judgment of the Board of Directors of Appalachia Service Project, it shall become impossible for Appalachia Service Project to use this bequest to accomplish the specific purposes of this bequest, Appalachia Service Project may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the restricted purpose of my bequest.

Contact Us


Please contact us if you have any questions about how to make a bequest to Appalachia Service Project or to request any additional information that might be helpful to you and your attorney as you consider making a bequest to us.

If you have included a bequest for Appalachia Service Project in your estate plan, please contact us to let us know. We would like to thank you and recognize you for your gift.

scriptsknown