By designating Hawaii Literacy, Inc. in a will, trust, or beneficiary designation form, gifts such as a monetary donation, specific asset, or a percentage of your estate can be used to continue our efforts to tackle and solve the problem of illiteracy across the islands.
Bequests are revocable, so you can change them at any time. And bequests are currently not subject to federal estate taxes, and may be able to help lower the taxable amount on your estate, which means more support may go to your ohana and legacy recipients.
The language below can help you define your legacy gift. A bequest is a favorite option for legacy donors because it is very flexible, and can be tailored to your specific wishes or conditions. Please consult your legal advisor for further guidance.
Sample Language to Give
To give a specific amount or asset
I give, devise and bequeath [$____] or [asset description] to Hawaii Literacy Inc. (FEIN# 23-7198698), located at 245 N Kukui St, #202 Honolulu, HI 96817 to be used to help local families build stronger literacy skills.
To give the remainder after expenses and specific bequests are made
I give, devise and bequeath [all ] or [___% ] of the rest, residue and remainder of my estate to Hawaii Literacy Inc. (FEIN# 23-7198698), located at 245 N Kukui St, #202 Honolulu, HI 96817 to be used to help local families build stronger literacy skills.