Facts for Advisers
Wills and Trust Language
Bequest language that can be used in a gift by will or living trust:
I give and bequeath to the IPTAY Scholarship Fund a not-for-profit corporation organized under the Laws of the State of South Carolina and having its principal office at 1 Avenue of Champions, Clemson, SC 29634.
To make a cash bequest:
the sum of $_________ to be used by IPTAY Scholarship Fund for its general purposes.
To give a percentage of the estate:
_______ percent of my estate to be used IPTAY Scholarship Fund for its general purposes.
To give a residual amount or remaining interest:
the rest, residue and remainder of my estate after all debts, expenses and taxes
have been paid and all the general and specific bequests have
been made, to be used by IPTAY Scholarship Fund for its general purposes.
To give a tangible asset or property:
shares of common stock of __________ (or insert here a description
of other property) owned by me at my death as these shares shall
exist at the date of my death, to be used by IPTAY Scholarship Fund for its general purposes.
Please call Bert Henderson at (864) 656-2973 if you have any additional questions.
IPTAY Scholarship Fund
PO Box 1529
Clemson, SC 29633
Fax: (864) 656-0415
DTC Number: 005N
Account Number: 268-01257-1-9
Taxpayer ID Number: 57-0426335
Our Broker: Edward Jones
Brokerage Office Telephone: (800) 755-7649
Please telephone our office
if your client is transferring shares to Clemson University Foundation. We need to know the name and number
of shares being transferred.
Copyright © R&R Newkirk. All rights
The materials contained on this website are intended only to show some ways by which you can make a charitable gift or bequest and thereby minimize federal tax liabilities, as authorized by the Internal Revenue Code. All examples are of a general nature only and should not be applied to your specific situation without first consulting your attorney or other advisers.