A Bequest to Further Good Work
When Gerald A. Maloof died his executor distributed the funds from his trust that had been designated for the art museum to help continue the museum's outstanding exhibitions, ongoing educational programs, and exciting performances.
You also may want to make it easy and convenient to have a bequest included in your will. The language below shows how a bequest can very easily be included in your will.
You might find it helpful to select the "print" button below and print this page. Please feel free to give this information to your attorney. If he or she has any questions, please have him or her contact us at 760-322-4877 or email us at [email protected].
Example bequest language - Please feel free to change the numbers or percentages as you desire.
1. Bequest of cash
"I bequeath the sum of $10,000 to Palm Springs Art Museum of Palm Springs, CA."
2. Bequest of a percent of the estate
"I devise and bequeath 20% of the remainder and residue of property owned at my death, whether real or personal, and wherever located to Palm Springs Art Museum, Palm Springs, CA."
3. Contingent Bequest
"If my brother John Doe survives me, I devise and bequeath 20% of the remainder and residue of property owned at my death, whether real or personal, and wherever located to John Doe. If John Doe does not survive me, then I devise and bequeath 20% of my residuary estate, whether real or personal property and wherever located to Palm Springs Art Museum, Palm Springs, CA."
