Gifts by Will or Revocable Trust
One of the easiest forms of charitable estate planning is naming The Army Historical Foundation in your will through a bequest provision.
Few legal instruments are more important to the people and causes you care about than your will. Your will directs how your property will be used and distributed after your lifetime. A will provision works well for those unable to make an outright gift but would like to assist The Army Historical Foundation in the future.
If you already have a will, it is not necessary to rewrite your entire will to make a bequest. You can instruct your attorney to modify your current will or living trust by adding a codicil. You may specify an asset, an amount of money, a percentage of your estate, or a variety of other designations. Unrestricted bequests provide The Army Historical Foundation with the flexibility to use your gift where the need is the greatest.
When including the Museum in your will, we recommend that you consider using the following bequest language:
“I give and bequeath to The Army Historical Foundation, (specific dollar amount or percentage), for the benefit of the National Museum of the United States Army.”
It is recommended that you have your attorney draft or revise your will. If you wish to restrict your gift, we ask that you add the following paragraph to your will to ensure that we will be able to meet the challenges of future priorities:
“If at some future time, in the judgment of the Board of Directors of The Army Historical Foundation, it is no longer practical to use the income or principal of this bequest for the purposes intended, the Board may use the income or principal for whatever it deems necessary and most closely in accord with the intent described herein.”
We appreciate being informed if you have included The Army Historical Foundation in your estate plans.