SUGGESTED BEQUEST LANGUAGE
A bequest to Pontoppidan Lutheran Church allows a donor to perpetuate support provided during her/his lifetime and/or make a major gift that might not otherwise be possible.
Through a bequest, a donor may leave to Pontoppidan a specific dollar amount, specific property (real or personal), all or a certain percentage of an estate, or all or a portion of the remainder of an estate after provisions for family members and other beneficiaries have been satisfied. The donor may stipulate whether the bequest is for the general support of Pontoppidan or for a specific purpose. A bequest may also be made in honor or memory of one or more individuals.
In addition to cash and securities, bequests to Pontoppidan may include real estate, or other property. Donors should contact Pontoppidan when planning a bequest of property other than cash or publicly traded securities so that any necessary arrangements can be made to ensure her/his wishes are fulfilled. All outright bequests to Pontoppidan are exempt from federal estate taxes (donors should consult tax advisors and/or attorneys for information specific to their circumstances), and there is no limitation on the size of the gift.
Suggested Forms of Bequests
When making or revising a will, a donor should obtain the assistance of an attorney. Pontoppidan will be pleased to work with donors and their professional advisors to design an estate plan specifically tailored to their wishes. Donors are encouraged to make their gifts to the Pontoppidan Lutheran Church, Inc (Tax ID: 45-0275055). The following are suggested forms for making various types of bequests:
1. OUTRIGHT BEQUEST IN WILL
Specific dollar amount:
“I bequeath the sum of $ to Pontoppidan Lutheran Church, Fargo, ND, 58102, for its general purposes (or for a designated purpose).”Specific property (personal property):
“I bequeath to Pontoppidan Lutheran Church, Fargo, ND, 58102, for its general purposes (or for a designated purpose).”Specific property (real estate):
“I devise all of my right, title and interest in and to the real property located at to Pontoppidan Lutheran Church, Fargo, ND, 58102, for its general purposes (or for a designated purpose).”Percentage of estate:
“I devise and bequeath percent (%) of my estate to Pontoppidan Lutheran Church, Fargo, ND, 58102, for its general purposes (or for a designated purpose).”Share of, or entire residue, of estate:
“I devise and bequeath (all/or %) of the remainder of my property to Pontoppidan Lutheran Church, Fargo, ND, 58102 , for its general purposes (or for a designated purpose).”
2. Conditional bequest in will
Insert the conditional language in one or more of the above provisions. For example:
“If (one or more individuals) does not survive me, I bequeath the sum of $ to Pontoppidan Lutheran Church, Fargo, ND, 58102, for its general purposes (or for a designated purpose).”
Pontoppidan Lutheran Church
309 4th St N
Fargo, ND 58102
Federal Tax ID: 45-0275055