Sample Will Clauses
For a general bequest of a specific amount:
To pay the sum of $____ to the B.G.C. Stewardship Foundation, with its head office in Edmonton, Alberta, for its own use absolutely. I direct that the receipt of the Treasurer for the time being of the B.G.C. Stewardship Foundation shall be a sufficient discharge to my Executors and Trustees for the payment of the said bequest.
For a bequest of a specific amount to be used for a specific purpose:
To pay the sum of $____ to the B.G.C. Stewardship Foundation, with its head office in Edmonton, Alberta, for _______ (specific purpose) provided however, that if circumstances make the specified use of this bequest impractical or undesirable, the B.G.C. Stewardship Foundation is authorized to apply this bequest to other purposes, such purposes, however, to conform as much as possible to the spirit and intent of this bequest. I direct that the receipt of the Treasurer for the time being of the B.G.C. Stewardship Foundation shall be a sufficient discharge to my Executors and Trustees for the payment of the said bequest.
For a general bequest of the residue of an estate:
To pay and transfer the residue of my estate to the B.G.C. Stewardship Foundation, with its head office in Edmonton, Alberta, for its own use absolutely. I direct that the receipt of the Treasurer for the time being of the B.G.C. Stewardship Foundation shall be a sufficient discharge to my Executors and Trustees for the payment of the said bequest.
For a general bequest of the residue of an estate to be used for a specific purpose:
To pay and transfer the residue of my estate to the B.G.C. Stewardship Foundation, with its head office in Edmonton, Alberta, for _______ (specific purpose) provided however, that if circumstances make the specified use of this bequest impractical or undesirable, the B.G.C. Stewardship Foundation is authorized to apply this bequest to other purposes, such purposes, however, to conform as much as possible to the spirit and intent of this bequest. I direct that the receipt of the Treasurer for the time being of the B.G.C. Stewardship Foundation shall be a sufficient discharge to my Executors and Trustees for the payment of the said bequest.
For a bequest to a scholarship fund:
To pay the sum of $_____ to the B.G.C. Stewardship Foundation for the purpose of funding on or more scholarships in the Canadian Baptist Seminary as the B.G.C. Stewardship Foundation deems advisable. [It is my wish that the said scholarship be known as the ______.] I direct that the receipt of the Treasurer for the time being of the B.G.C. Stewardship Foundation shall be a sufficient discharge to my Executors and Trustees for the payment of the said bequest. |