Estate Planning

 

Does Estate Planning Have You Puzzled?
In addition to family and friends, many people choose to remember charitable organizations they have supported over the years in their estate planning. You can ensure that your commitment to the community continues with a bequest to the Junior League of Greater Princeton through your will or trust. We welcome gifts of all sizes, and will use these funds to enable projects that will have the greatest impact on the lives of women and children, now and in the future.

For more information, contact the JLGP at 609-430-0300 or email developmentvp@jlgp.org.

Charitable Bequests
Bequests are the most frequent type of planned gift made to charity. Your estate receives a charitable deduction for the full amount given, therefore your heirs pay no estate tax on the gift. We urge you to consult your attorney in preparing your will, and hope that the following language will be helpful in providing a bequest to the JLGP.

Sample Language for a Charitable Bequest
The following four types of bequests direct your gift to the Junior League of Greater Princeton.

Percentage:
” I give, devise and bequeath to the Junior League of Greater Princeton, a nonprofit corporation of the State of New Jersey, located at 27 Federal City Road, Trenton, NJ 08638, ____% of my estate.”

Specific:
” I give, devise and bequeath to the Junior League of Greater Princeton, a nonprofit corporation of the State of New Jersey, located at 27 Federal City Road, Trenton, NJ 08638,
(Choose one)
1) The sum of $___________” , or
2) __________ shares of stock in ________________Company.”

Residual:
“I give, devise and bequeath to the Junior League of Greater Princeton, a nonprofit corporation of the State of New Jersey, located at 291 Witherspoon Street, Princeton, NJ 08542, all the residue of my estate.”

Contingent:
“In the event of the death of any of the beneficiaries, I give, devise and bequeath to the Junior League of Greater Princeton, a nonprofit corporation of the State of New Jersey, located at 291 Witherspoon Street, Princeton, NJ 08542, (percentage, specific, or residual language as above).”