Sample Language for Bequests:

Here are sample provisions to use when including a gift to the Richard Nixon Foundation in our will or trust. Please consult a financial and/or legal advisor to set up planned giving.

Specific Bequest
With a specific bequest, you may stipulate that a certain percentage of your estate, a certain dollar amount or particular assets be given to the Richard Nixon Foundation. Examples of such language may include:

• “I give (the sum of $______ or ______) to the Richard Nixon Foundation (Tax ID #52-1278303), Yorba Linda, CA, for its general purposes.”
  “I give the following described property to the Richard Nixon Foundation (Tax ID #52-1278303), Yorba Linda, CA, for its general purposes: [describe property].”

Residuary Bequest
With a residuary bequest, you may state that all, or a portion, of the estate be given to the Richard Nixon Foundation after specific gifts are distributed to other beneficiaries. Examples of such language may include:

• “I give all of the rest, residue and remainder of my estate to the Richard Nixon Foundation (Tax ID #52-1278303), Yorba Linda, CA, for its general purposes.”
• “I give _____% of the rest, residue and remainder of my estate to the Richard Nixon Foundation (Tax ID #52-1278303), Yorba Linda, CA, for its general purposes.”

Restricted Bequest
If you want to designate how the Richard Nixon Foundation uses your bequest, your will or trust should specify a particular purpose. To ensure that your goals can be accomplished, please contact us before you sign your estate planning documents. An example of such language may include:

• “I give [amount, description of asset, percentage of estate, remainder, etc.] to the Richard Nixon Foundation (Tax ID #52-1278303), Yorba Linda, CA, to be used for [purpose].”

Restricted Bequest for Endowment
If you want your bequest to be held in perpetuity while the income stream is used to support the Richard Nixon Foundation, your will or trust must specify that the gift creates an endowed fund. To ensure that your goals can be accomplished, please contact us before you sign your estate planning documents. An example of such language may include:

• “I give [amount, description of asset, percentage of estate, remainder, etc.] to the Richard Nixon Foundation (Tax ID #52-1278303), Yorba Linda, CA, for the creation of [name of donor endowment fund], with the income being used for [purpose] in accordance with its endowment spending policy.”