BEQUESTS*
Perhaps the most common deferred giving arrangement for the benefit of City and Country School is the will bequest. Charitable gifts made by will are 100% tax deductible. If you wish to include an unrestricted bequest to C&C in your will, the following language is suggested:
"I give, devise, and bequeath to the City and Country School, Inc., New York, NY, ______ percent of all the rest, residue, and remainder of my estate (or _______ dollars, property, securities, etc. described below) wheresoever located to be used for the benefit of City and Country School in such manner as the Principal thereof may direct."
REVOCABLE LIVING TRUST PROVISIONS*
Another way to leave a legacy is to include C&C as a beneficiary of a revocable, living trust. If you wish to include an unrestricted distribution to C&C in your trust, the following language is suggested:
"All trust property not previously distributed under the terms of my trust shall be divided and distributed, free of the trust, as follows: City and Country School, Inc., New York, NY, ________ percent to be used for the benefit of City and Country School in such manner as the Principal thereof may direct."