Sample Bequest

Making a Bequest of Your Retirement Assets

A bequest from your retirement asset, such as an IRA account, is wonderful way to have a lasting impact on MVLS. The full value of your gift is transferred to MVLS at your death – money that otherwise, may be lost through estate and income taxes. Contact your custodian for a designation form.

Have you already taken steps to create a permanent legacy that includes MVLS? Please let us know now so we can recognize and thank you for your generosity.

Sample Bequest Language

You may include the following language in your will to direct your gift to MVLS

    PERCENTAGE:
    “I devise to Maryland Volunteer Lawyers Service, a nonprofit corporation of the State of Maryland, located at 201 N. Charles Street, Suite 1400, Baltimore, MD 21201, ____% of my estate.”

    SPECIFIC:
    “I devise to Maryland Volunteer Lawyers Service, a nonprofit corporation of the State of Maryland, located at 201 N. Charles Street, Suite 1400, Baltimore, MD 21201.”
    (Choose one)

    The sum of $__________.”
    __________ shares of stock in __________Company.”, or
    My real property commonly known as ____________.”

    RESIDUAL:
    “I devise to Maryland Volunteer Lawyers Service, a nonprofit corporation of the State of Maryland, located at 201 N. Charles Street, Suite 1400, Baltimore, MD 21201, all the residue of my estate, including real personal property.”

    CONTINGENT:
    “In the event of the death of any of the beneficiaries, “I devise to Maryland Volunteer Lawyers Service, a nonprofit corporation of the State of Maryland, located at 201 N. Charles Street, Suite 1400, Baltimore, MD 21201, ____% of my estate., (percentage, specific, or residual language as above).”

Already have a will?

You can modify your will and direct a gift to Maryland Volunteer Lawyers Service with a simple codicil.

    SAMPLE CODICIL (WILL MODIFICATION):

    [date]

    I, [name], a resident of the [city of Baltimore] or, County of [county], State of Maryland, declare that this is the codicil to my last will and testament, which is dated [date original signed].

    I add or change said last will in the following manner:

    [list with particularity all changes to the will. Reference each section number of the will and the specific language you will be affecting. Be as clear and precise as possible.]

    Otherwise, I hereby confirm and republish my will dated, [date original signed], in all respects other than those herein mentioned.

    I subscribe my name to this codicil this [day, e.g. 1st] day of [month], [year], at [full address where signed], in the presence of [full name of first witness to codicil] and [full name of second witness to codicil], attesting witnesses, who subscribe their names here in my presence.

    ___________________________________
    Maker

    ATTESTATION:
    On the date last above written, [name], known by us to be the person whose signature appears at the end of this codicil, declared to us, [full name of first witness to codicil] and [full name of second witness to codicil], the undersigned, that the foregoing instrument, consisting, of [number of pages to codicil] page(s) was the codicil to the will dated, [date original signed]; who then signed the codicil in our presence, and now in the presence of each other, we now sign our names as witnesses.

    _____________________________________
    Witness

    Address:
    _____________________________
    _____________________________
    _____________________________

    _____________________________________
    Witness

    Address:
    _____________________________
    _____________________________
    _____________________________