St. Mark’s invites alumni, parents, grandparents, and friends to consider bequests as a means of supporting the School and of creating a legacy for their families. Bequests have been used often over our 150 years and are a part of the reason why St. Mark’s in 2015 is strong and purposeful in its work.
Bequests made through wills Bequests may be the simplest form of a planned gift. Using simple language in a will or codicil, a donor indicates her or his intention to provide for St. Mark’s. Such language might read as follows:
I give to St. Mark’s School of Southborough, MA, (herein describe the gift) to be used for (herein describe how you would like to see you gift applied).
Organized as a component of a will or codicil, they are created with relatively simple phrasing. Bequests may take a variety of forms:
- Specific bequests—whereby the donor specifies a specific amount of money that should be drawn from the will and presented to St. Mark’s
- Percentage bequests—whereby a donor specifies a certain percentage of funds available through his estate for distribution to St. Mark’s
- Residuary bequest—whereby either a sum certain or percentage would be drawn, as possible, from funds remaining in a will after all prescribed distributions are made
- Gifts of property—real or personal
Such allocations are revocable and amenable to change over time.
We at St. Mark’s are ready to work with you and your attorney or tax advisor to find the right way to describe your gift.
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