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You can gift the Wild Flower Society with cash, stock, real estate, or other tangible property in your will and your estate will benefit by saving in federal estate taxes. In this way, you can make a significant and meaningful gift, while preserving your assets during your lifetime. Unrestricted bequests provide funds for the Society’s general operations and are very useful because they allow the Wild Flower Society to respond to needs that change over time. Recommended Bequest Language - Unrestricted “I bequeath to the New England Wild Flower Society, Inc., a charitable corporation established by the law at Framingham in the Commonwealth of Massachusetts, (insert here the amount in dollars, percentage of estate, complete description of the securities, real estate or property), the principal to be added to the endowed funds of the Society, and the net income therefrom, and such portion of the gains as determined by the Trustees, to be used for the general purposes of the Society.” Restricted bequests instruct the Wild Flower Society to use the bequest for a specific program area. Recommended Bequest Language – Restricted “I bequeath to the New England Wild Flower Society, Inc., a charitable corporation established by the law at Framingham in the Commonwealth of Massachusetts, (insert here the amount in dollars, percentage of estate, complete description of the securities, real estate or property), to be known as the ….Fund, the principal to be added to the endowed funds of the Society, and the net income therefrom, and such portion of the gains as determined by the Trustees, to be used to (insert here how you wish the income to be used. For example: Internship Program in Horticulture, Conservation, or Education; to maintain the Garden in the Woods or the Sanctuaries; to support the Library; or to further instruction in a particular field of education, etc.) If, in the succeeding years, circumstances have changed sufficiently in the opinion of the Board of Trustees to make it impractical to continue using the funds for the above purpose or purposes which, in the opinion of the Trustees, will then most nearly carry out my wishes as stated above." Please note that this is general information and is not presented as specific legal or tax advice. You should consult with your attorney for such advice. For more information or additional giving opportunities, please contact Gwen Stauffer, Executive Director, at (508) 877-7630, ext. 3101, gstauffer@newfs.org, or fill out the Gift and Legacy Planning Form and mail it to: Gwen Stauffer |
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