You control your assets during your lifetime. If circumstances change, you may modify your gift.
- You may make your bequest unrestricted or direct it to a specific purpose (please contact Advancement staff to make sure your gift can be used as intended).
- Under the current tax law, there is no upper limit on the estate tax deduction for your charitable bequest.
Sample Bequest Language for Your Will or Trust
I give [INSERT DOLLAR AMOUNT, PERCENTAGE OF ESTATE, PERCENTAGE OF RESIDUE OF ESTATE, OR DESCRIPTION OF PROPERTY], to Chaminade College Preparatory, 10210 Oakdale Avenue, Chatsworth, CA 91311, Tax ID 95-1744353, to be used for [INSERT GENERAL PURPOSES OR NAME OF CHAMINADE PROGRAM]. If circumstances arise in the future that, in the judgment of Chaminade College Preparatory, make the purpose of the gift impossible or impractical, then Chaminade College Preparatory will modify the gift to appropriately recognize my interests in coordination with school priorities.