Charitable Estate Planning
Will or Codicil Bequest

[Photo of Ballet Argentino.]The simple, revocable bequest provides vital future funding for Kennedy Center programs and services.

The bequests are appealing for the following reasons:

  • It is revocable, allowing the donor flexibility for future changes.
  • The future nature of the bequest means the current lifestyle of the donor is not affected.
  • Donors can provide for both individual heirs and favorite charities.
  • Estate taxes are avoided when assets are passed to charities.
  • Bequests provide donors the opportunity to make larger gifts than otherwise thought possible.

To Make a Bequest to John F. Kennedy Center for the Performing Arts and the National Symphony Orchestra:

  • Give some thought to your estate planning. Make a list of your assets and think about how you want your assets to be distributed at your death.
  • Make an appointment with an attorney who specializes in estate planning.
  • Decide how much you wish to leave to the Center and Orchestra.
  • Contact us to discuss how your legacy can benefit the programs of the Center and Orchestra.
  • When you notify the Center and Orchestra of your bequest intention, we would be delighted to invite you to join the Roger L. Stevens Society.

The following examples are meant to illustrate a variety of bequest techniques. In consultation with an attorney, this language can be adapted to your individual circumstances as part of an overall estate plan.

1. Specific Bequest is a donation of a particular dollar amount or a particular piece of property.
For example: I bequeath (dollar amount or description of property) to the John F. Kennedy Center for the Performing Arts.

2. Residuary Bequest is a donation of all or part of the assets remaining in your estate after debts, expenses and specific bequests have been paid.
For example: I give, bequeath or devise (__% of) the rest, residue and remainder of the property, both real and personal, wherever situated, which I may own or be entitled to at my death, to the John F. Kennedy Center for the Performing Arts.

3. Contingent Bequest are donations which take effect only if the primary beneficiary or beneficiaries of the bequest predeceases you.
For example: If neither my husband nor any descendants of mine survive me, then I give, bequeath and devise all the rest, residue and remainder of the property, both real and personal, wherever situated which I may own or be entitled to at my death, to the John F. Kennedy Center for the Performing Arts.