The following are examples of the three types of outright gift provisions. The sample language illustrates how a bequest or a gift through a living trust can be accomplished, and is intended to be used for educational purposes rather than as advice. We encourage you to share this information with your legal counsel, and recommend that if you undertake estate planning to do so with the consultation of an attorney.

Specific Bequest to The El Sauzal Foundation
A specific bequest gives a specific item or specific piece of property to The El Sauzal Foundation. Such bequests are fulfilled first, before cash and residuary bequests. If the donor disposes of the specified property during his or her lifetime, there will be no bequest to The El Sauzal Foundation.

Cash Bequest to The El Sauzal Foundation
A cash bequest provides The El Sauzal Foundation with a specified sum of money from a donor's estate. These bequests are fulfilled second, after specific and before residuary bequests.

Residuary Bequest to The El Sauzal Foundation
A residuary bequest is made from the residue, or what remains in a donor's estate after specific and cash bequests, taxes, settlement costs and debts are satisfied. This type of bequest is sensitive to changes in the size of the estate over time.