Bequests
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Leave a lasting gift to the Nature Trust of New Brunswick by leaving a gift in your will. Your gift can be a specific bequest where you designate a specific dollar amount or a piece of property such as real estate or securities. Alternately, it can be a residual bequest where you donate all or a portion of your estate to the Nature Trust after all your debts, taxes, expenses and other bequests have been distributed. To make a gift in your will, simply ask your lawyer to add a codicil (an addition) to your existing will. A codicil is a relatively easy and inexpensive way to plan your future gift. Call the Nature Trust at (506) 457-2398 and let us know how we can assist you with your planning.
Examples of Will Clause Wording
If you are planning on adding the Nature Trust as a beneficiary to your will our legal name is the Nature Trust of New Brunswick, Inc. and our address is:
PO Box 603, Station A
404 Queen Street, 3rd Floor
Fredericton, NB E3B 5A6
Our Canada Revenue Agency Charitable Business Number is 14074 2289 RR0001.
Before adding the Nature Trust of New Brunswick to your will, please contact us to let us know, so that we can be sure that we can follow through with your wishes.
The following is a list of sample will clause wording:
Suggested will clause wording for an unconditional gift of a specific amount:
I give the sum of ________ dollars to the Nature Trust of New Brunswick, Inc. to be used for its general purposes as the Nature Trust of New Brunswick, Inc. sees fit.
Suggested will clause wording for an unconditional gift of what remains of your estate after taxes, expenses and heirs are paid:
I give the residue (OR __% of the residue) of my estate to the Nature Trust of New Brunswick, Inc. to be used for its general purposes as the Nature Trust of New Brunswick, Inc. sees fit.
Suggested will clause wording for a conditional gift of a specific amount:
I give the sum of _______ dollars to the Nature Trust of New Brunswick, Inc. to be used for ________. If unforeseen or changed circumstances make the specified use of this gift no longer practical or desirable as determined by the board of trustees of the Nature Trust of New Brunswick, Inc., the board of trustees of the Nature Trust of New Brunswick, Inc. may change the terms of the specified use, such change to be in keeping as much as possible with the general intent of this gift.
Suggested will clause wording for a conditional gift of what remains of your estate after taxes, expenses and heirs are paid:
I give the residue (OR __% of the residue) of my estate to the Nature Trust of New Brunswick, Inc., to be used for _________. If unforeseen or changed circumstances make the specified use of this gift no longer practical or desirable, as determined by the board of trustees of the Nature Trust of New Brunswick, Inc., the board of trustees of the Nature Trust of New Brunswick, Inc. may change the terms of the specified use, such change to be in keeping as much as possible with the general intent of this gift.
Suggested will clause wording for the donation of natural lands:
I hereby gift and donate to the Nature Trust of New Brunswick, Inc. (the “Trust”) my lands described as [place address/PID(s) here] (the “Lands”). The Lands are special to me and my family and it is my wish (but not a condition of this donation) that the Lands be kept and maintained in a natural state and that the flora and fauna thereon be preserved insofar as may be reasonably possible and decided by the Trust. I request that the Trust make my wishes known to any person chosen by the Trust to own or manage the Lands. I would like the Lands to be known as [woods, preserve, wetlands, etc.] and that a suitable sign be erected acknowledging the donation. It is a condition of this gift that the Trust acknowledge in writing to my estate my wishes and request above.
In order to assist the Trust in keeping and maintaining the Lands as well as carrying on its other work I hereby donate to the Trust the amount of dollars [$ Place amount here].
If unforeseen or changed circumstances make the conservation of the Lands no longer practical or desirable as determined by the board of trustees of the Nature Trust of New Brunswick, Inc., the board of trustees of the Nature Trust of New Brunswick, Inc. may change the terms of the specified use, such change to be in keeping as much as possible with the general intent of this gift. If the Lands are not conserved as I wish, then the above stated monies in the amount of [$ Place amount here] are to remain with my estate.
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Photo Credits:
1 – Jamie Simpson & Cliff, J. Oswald
