Cleveland State University's Bequest Language
Bequest Language
In order to make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to Cleveland State University in your estate plan. We have provided some basic bequest language to assist you and your attorney.
In your will, you can also include language which will designate your funds for a specific purpose at CSU. If you are making a restricted bequest, we recommend that your attorney include the following provision to give Cleveland State University flexibility should it no longer be possible for Cleveland State University to use your gift as you originally intended:
If, in the judgment of the Board of Directors of Cleveland State University, it shall become impossible for Cleveland State University to use this bequest to accomplish the specific purposes of this bequest, Cleveland State University may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the restricted purpose of my bequest.
1. Specific Bequest
If you are considering making an outright bequest to Cleveland State University, we recommend the following language:
Bequest of a Specific Dollar Amount
I hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to Cleveland State University, a nonprofit organization located at 2121 Euclid Ave., Cleveland, OH, 44115, Federal Tax ID #____________, for Cleveland State University's general use and purpose.
Bequest of Specific Personal Property
I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Cleveland State University, a nonprofit organization located at 2121 Euclid Ave., Cleveland, OH, 44115, Federal Tax ID #_______________, for Cleveland State University's general use and purpose.
Bequest of Specific Real Estate
I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to Cleveland State University, a nonprofit organization located at 2121 Euclid Ave., Cleveland, OH, 44115, Federal Tax ID #_______________, for Cleveland State University's general use and purpose.
2. Percentage BequestI hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to Cleveland State University, a nonprofit organization located at 2121 Euclid Ave., Cleveland, OH, 44115, Federal Tax ID #____________, for Cleveland State University's general use and purpose.
Bequest of Specific Personal Property
I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Cleveland State University, a nonprofit organization located at 2121 Euclid Ave., Cleveland, OH, 44115, Federal Tax ID #_______________, for Cleveland State University's general use and purpose.
Bequest of Specific Real Estate
I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to Cleveland State University, a nonprofit organization located at 2121 Euclid Ave., Cleveland, OH, 44115, Federal Tax ID #_______________, for Cleveland State University's general use and purpose.
If you are considering making a bequest of a percentage of your estate to Cleveland State University, we recommend the following language:
I hereby give, devise and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to Cleveland State University, a nonprofit organization located at 2121 Euclid Ave., Cleveland, OH, 44115, Federal Tax ID #______________________, for Cleveland State University's general use and purpose.
3. Residual Bequest
I hereby give, devise and bequeath to Cleveland State University, a nonprofit organization located at 2121 Euclid Ave., Cleveland, OH, 44115, Federal Tax ID # _________, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for Cleveland State University's general use and purpose.
4. Contingent Bequest
If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to Cleveland State University, a nonprofit organization located at 2121 Euclid Ave., Cleveland, OH, 44115, Federal Tax ID # _________, DESCRIPTION OF PROPERTY to be used for Cleveland State University's general use and purpose.
