Bequests & Wills

One of the most popular and easiest planned gifts is the bequest. Many donors choose to make their ultimate gift through their will. If you already have a will, it is not necessary to rewrite your entire will to make a bequest to the Preservation Society. You can simply instruct your attorney to prepare a codicil - an amendment - to your current will. A bequest can specify how the gift is to be used, such as for general purposes, for the collections, for the gardens, or for a specific property. Below are several examples of bequests and their appropriate language.

           For a specific amount of your estate: "I give ___________dollars to the Preservation Society of Newport County, a charitable corporation established by law in Newport, Rhode Island."

           For a percentage of your estate: "I give ____________% of the rest, residue and remainder of my estate to the Preservation Society of Newport County, a charitable corporation established by law in Newport Rhode Island."

           For a contingent bequest: "If (Name) is not living on the ninetieth day after the day of my death, I give all the rest of the property I own at my death to the Preservation Society of Newport County, a charitable corporation established by law in Rhode Island."

           To make an unrestricted bequest: "I give _________dollars to be used at the discretion of the President and the Board of Trustees."