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Are there different kinds of bequests?

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Are there different kinds of bequests?

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Yes. Under a fixed-amount bequest, you leave a specified sum of money in your estate (for example, $20,000) to the Foundation. Under a percentage bequest, you leave a specified ratio of your estate (for example, 10% of your estate) to the Foundation. Under a remainder bequest, you leave to the Foundation whatever portion of your estate is not allocated to other beneficiaries. You can make bequests to the general (unrestricted) fund, or to a special fund that you establish during your lifetime or through your bequest.

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