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Bequest Will A will is simply a legal record of a person’s wishes regarding the eventual use of assets accumulated during a lifetime. These instructions regarding the dispensation of the assets are called bequests. A will is a very powerful instrument, as it gives you the opportunity to: 1. Direct to whom and when distributions are to be made; Without a will, your estate / property will be distributed according to state law. It is unlikely that the While a will is a free standing document, it can also be used to create a variety of other plans that take effect either immediately following your death or many years thereafter. The future security of your surviving spouse, children, or others can be assured through a will. Charitable Bequests Through a bequest to Silver Innings or NGO of your choice, you can improve the quality of life for countless people you will never meet. To make a charitable bequest you simply direct in your will that your interest in certain money or property be transferred to a designated charity/ organisation.Your estate / property will be entitled to a charitable deduction for the full, fair market value of your gift. So if you have passion for certain cause, then go ahead an Bequest your Will and make difference to some one’s life
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