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Please note that gifts of this nature should be carefully considered
in relation to your comprehensive financial and estate plans.
We strongly recommend that you consult an attorney in the preparation
of your will and to supervise its execution so as to comply with your state
requirements.
You may wish to direct your gift to one of our specific funds, such as the
Program Enhancement Fund. Please contact us to discuss your intentions so we may
be sure they are properly carried out.
The following are examples for illustration only.
- When including a bequest provision in your will, always use the full legal
name and provide the federal taxpayer identification number.
- Our full, legal name is: "The Wisconsin Public Radio Association."
- Our federal taxpayer identification number is: 23-7363536.
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Kathleen Dunn Ideas Network host |
Bequests for Unrestricted Purposes
Unrestricted gifts are to be used for the greatest need at the time to be
determined by the Board. A general unrestricted bequest is especially valued by
us.
- For a bequest of securities, the possible language is: "I give The
Wisconsin Public Radio Association all of my shares of XYZ stock or mutual fund
to be used for the benefit of Wisconsin Public Radio."
- For a bequest of cash, the possible language is: "I give to The Wisconsin
Public Radio Association the sum of (Amount) to be used for the benefit of Wisconsin
Public Radio."
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Ira Glass, host of This American Life |
If you do not want to specify the exact amount or nature of the intended gift,
perhaps because the size of the future estate is difficult to estimate, a
proportional bequest is often the best way to accomplish your goals. We would
receive a percentage of the estate or the residue of the estate, after all other
provisions have been met.
- Possible language is: "I give to The Wisconsin Public Radio Association
(percent) of my estate, or (percent of the rest, residue and remainder) of my
estate to be used for the benefit of Wisconsin Public Radio."
Contingent Bequest A contingent bequest takes effect only if the
primary intention cannot be met (e.g. if the primary beneficiary does not
survive the donor). This ensures that property will not be distributed to
unintended beneficiaries.
- Possible language is: "If (name of primary beneficiary) does not survive
me, or shall die during the administration of my estate, or as a result of a
common disaster, then I give to The Wisconsin Public Radio Association all of
the rest, residue, and remainder of my estate, to be used for the benefit of
Wisconsin Public Radio."
Bequests for Restricted Purposes If you would like to honor a
family member, a special person or provide support for a specific program or
department that was meaningful to you, then you can designate your bequest
specifically for that purpose. You simply use any form of the possible language
included above, and replace "to be used for the benefit of [ insert purpose or
intent ]" with the specific designation. Often specific guidelines govern the
use of these types of funds. Therefore, we recommend that you contact us to
discuss your restricted gift. We are here to help you as you plan.
If you already have a will
A codicil is a written change or amendment to a will. Click here for a printable copy of what a codicil would look
like. Please remember to consult your attorney to make sure you are properly
advised.
Here's an example of Wills and Bequests with David and Ann.
Thank you for remembering Wisconsin Public Radio!
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Please note, individual financial circumstances will vary. The information on this site does not constitute legal
or tax advice. Donor stories and photographs are for purposes of illustration only. As with all tax and estate planning,
please consult your attorney or estate specialist. All material is copyrighted and is for viewing purposes only.
Use of this site signifies your agreement with the terms of use. The content in this
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The WPR Webmaster.
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