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Your legacy gift empowers people to become self-reliant, successful homeowners in their communities. |
We accept gifts by bequest.
Making a legacy gift in your will or trust is one of the easiest and most popular ways to partner in the mission. Here are the most common ways that people make a lasting gift and language that may help you and your attorney when drawing up a bequest that meets your needs.
General/Residual Bequest
A percentage of the remainder of your estate after other specific legacies have been fulfilled. If you intend to leave an outright gift of cash, securities or other property by designating a specific dollar amount, a particular asset or a fixed percentage of your estate to Habitat for Humanity to be used for general purposes:
“After taking care of all expenses, debts and other provisions, I give, devise and bequeath ___ percent of the rest and residue [or $___ if a specific amount] to Habitat for Humanity Hawai'i Island, a Hawai'i-based charitable organization [Tax ID# 99-0355149] currently with administrative offices at 73-4161 Ulu Wini Place, Bay 1, Kailua-Kona, HI 96740.”
Specific Bequest
If you intend to make an outright bequest for a specific purpose, such as to support advocacy or disaster response. A specific dollar amount, stated fraction of your estate or specified gift-in-kind such as collections, art, books, jewelry, etc.
“I, [name], of [city, state, ZIP], give, devise and bequeath to Habitat for Humanity Hawai'i Island [written amount or percentage of the estate or description of property] for its charitable purposes, including but not limited to ___________ use and purpose.”
Contingency Bequest
A gift that is originally intended for other beneficiaries but, in the event of their prior passing, is redirected as a charitable donation. If you wish to make a contingency gift so that Habitat for Humanity will receive a portion of your estate if your named beneficiary does not survive you:
“If any of the beneficiaries named in this will should die before becoming entitled to receive their distributive share of my estate, I direct my trustee to pay or transfer the share to which such beneficiary would otherwise be entitled, to Habitat for Humanity Hawai'i Island for its unrestricted use and purpose.”
If at any point in time and for any reason, you wish to make changes to include Habitat in your will, you can easily amend it by using a Codicil. A codicil is a document your attorney can prepare to amend your will or trust without rewriting the entire document. The codicil adds a new gift to Habitat for Humanity International while reaffirming the other terms of your will.
Please contact us at [email protected] or by phone at (808) 331-8010 if you have any questions.
Then, consult with your tax advisor and lawyer to determine which planned gift strategy is best for you.
The content found on this page is general in nature and intended to be used for informational purposes only. It should not be relied upon as legal, tax, accounting or other professional advice. To determine how a gift or estate planning decision might affect your particular circumstances, it is expressly recommended that you consult an attorney, financial advisor or other qualified professional.
Making a legacy gift in your will or trust is one of the easiest and most popular ways to partner in the mission. Here are the most common ways that people make a lasting gift and language that may help you and your attorney when drawing up a bequest that meets your needs.
General/Residual Bequest
A percentage of the remainder of your estate after other specific legacies have been fulfilled. If you intend to leave an outright gift of cash, securities or other property by designating a specific dollar amount, a particular asset or a fixed percentage of your estate to Habitat for Humanity to be used for general purposes:
“After taking care of all expenses, debts and other provisions, I give, devise and bequeath ___ percent of the rest and residue [or $___ if a specific amount] to Habitat for Humanity Hawai'i Island, a Hawai'i-based charitable organization [Tax ID# 99-0355149] currently with administrative offices at 73-4161 Ulu Wini Place, Bay 1, Kailua-Kona, HI 96740.”
Specific Bequest
If you intend to make an outright bequest for a specific purpose, such as to support advocacy or disaster response. A specific dollar amount, stated fraction of your estate or specified gift-in-kind such as collections, art, books, jewelry, etc.
“I, [name], of [city, state, ZIP], give, devise and bequeath to Habitat for Humanity Hawai'i Island [written amount or percentage of the estate or description of property] for its charitable purposes, including but not limited to ___________ use and purpose.”
Contingency Bequest
A gift that is originally intended for other beneficiaries but, in the event of their prior passing, is redirected as a charitable donation. If you wish to make a contingency gift so that Habitat for Humanity will receive a portion of your estate if your named beneficiary does not survive you:
“If any of the beneficiaries named in this will should die before becoming entitled to receive their distributive share of my estate, I direct my trustee to pay or transfer the share to which such beneficiary would otherwise be entitled, to Habitat for Humanity Hawai'i Island for its unrestricted use and purpose.”
If at any point in time and for any reason, you wish to make changes to include Habitat in your will, you can easily amend it by using a Codicil. A codicil is a document your attorney can prepare to amend your will or trust without rewriting the entire document. The codicil adds a new gift to Habitat for Humanity International while reaffirming the other terms of your will.
Please contact us at [email protected] or by phone at (808) 331-8010 if you have any questions.
Then, consult with your tax advisor and lawyer to determine which planned gift strategy is best for you.
The content found on this page is general in nature and intended to be used for informational purposes only. It should not be relied upon as legal, tax, accounting or other professional advice. To determine how a gift or estate planning decision might affect your particular circumstances, it is expressly recommended that you consult an attorney, financial advisor or other qualified professional.
