Personal Planning Ideas

Facts for Advisors

Wills and Trust Language

Bequest language that can be used in a gift by will or living trust:

I give and bequeath to Midway College, Inc., a not-for-profit corporation organized under the Laws of the State of Kentucky and having its principal office at 512 East Stephens Street, Midway, KY 40347,

To make a cash bequest:

the sum of $_________ to be used by Midway College for its general purposes.

To give a percentage of the estate:

_______ percent of my estate to be used by Midway College 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 Midway College 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 Midway College for its general purposes.

Please call Jeremy L. Scarbrough at (859) 846-5873 if you have any additional questions.

Contact Information:

Midway College, Inc.
512 E. Stephens Street
Midway, KY 40347
(859) 846-5873
Fax: (859) 846-5817

Please telephone our office if your client is transferring shares to Midway College. We need to know the name and numbers of shares being transferred.